RE: RNS4 Jun 2026 13:39
On asking AI what a reasonable time frame for finalising a takeover offer is this was one of the answers: Cross-Border Sovereign/State Funding 3 – 5+ months. Slowest option. Requires navigating high-level international government approvals and central bank clearances (similar to the Cafani/Capricorn deal). Would seem we are right in that window and a bit more patience is required. Capricorn would not keep requesting PUSU extensions if they were not happy with the offered terms and confident the buyer will be able to finance the deal.