RE: Just an observation i wish to share....15 Oct 2020 10:43
Yes, it's been going on for a while. But to be honest I don't think it's a question of someone just rocking up and saying, "here you go there's $X billion, now off you trot". I think the details of the deal which may have new structures, performance components, JV's and god knows what else, means this is going to be very complex and that's true if there was only one bidder. If you add competition into the process that just multiplies the complexity.
I've just finalized a corporate and property acquisition and from HOT's to completion it took 11 months and that was minute in comparison to this.
I would hope for some indication on progress soon, but wouldn't be surprised if this drags on for a while yet.