RE: Pacific Trends14 Jul 2022 16:42
So could this be because NCM are intending to buy out all of GGP in the near future and the 5% transaction is irrelevant, so Pacific Trends benefit from hanging on to the shares for a while? Not sure NCM's shareholders would be keen on this at the moment, however (hope not anyway). Plus I assume GGP couldn't tell PT a buyout was definitely going to happen, only maybe hint at its likelihood.