The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Don't agree. The formal sale process is an expedited process but these things do take time to make sure the global market for this asset is fully tested and initial proposals received and reviewed, follow on discussions take place, short list selected confidentiality formalities sorted and DD takes place. There is no undue delay in my opinion
Agreed. I guess this process was either triggered by confirmation LO would not be giving them NY more money or an expression of interest at say 15p as an illustration. If RG became aware of that intrest it might account for his investment at this seemingly dark hour
Crow. Which off course begs the question of the how ME was able to say that the initial phase WILL be followed by a stress testing and scale up phase. He had no certainty on this until the extension was signed? If the yanks had walked we would have been in some difficulties SP wise