02-06-2024, 08:28 PM
(02-06-2024, 05:52 PM)Pragmatist Wrote:(02-06-2024, 04:09 PM)wba13 Wrote: If certain people { not on here }were told in November that the takeover was very close to happening, why 3 months later is nobody any the wiser. Don’t say these things take time. Because 3months ago it was supposed to be very close.
3 months ago was when those involved had to sign NDAs. That’s why nobody is any the wiser!
(02-06-2024, 04:36 PM)Kit Kat Chunky Wrote:(02-06-2024, 04:09 PM)wba13 Wrote: If certain people { not on here }were told in November that the takeover was very close to happening, why 3 months later is nobody any the wiser. Don’t say these things take time. Because 3months ago it was supposed to be very close.
There is a lot of property involved. That can take 2-3 months on its own to go through the process.
What process is that? The properties aren’t being sold. They remain within the relevant companies. This is purely a share transaction.
They will still do due diligence on the property. If the deal is leveraged there will be a need for legal charges and local searches. That's 2-3 months
