RE: MBO / Bidding War?14 Jan 2022 18:17
Looking back at the Strategic update, FSP triggered by potential MBO 02 November 2021 RNS
"The Company's Chief Executive Officer and its largest shareholder, Lord Paul Drayson, has approached the Sensyne Board requesting approval to speak to potential third party investors in order to pursue a potential management buyout of the Company. In order to maximise value for all of the Company's shareholders, the Board has appointed J.P. Morgan Cazenove and Peel Hunt to consider a management buyout proposal ("MBO") (should one be forthcoming) and explore other buyer interest alongside considering other strategic options that would allow Sensyne to scale more rapidly, with these including strategic investment or the continued pursuit of a secondary US listing. "
"In order to maximise value for all of the Company's shareholders" ALL? or one shareholder in particular?