" The Acquisition is expected to become Effective in the first quarter of 2025, subject to the satisfaction or (where applicable) waiver of all relevant conditions, including the Conditions. An expected timetable of key events relating to the Acquisition will be provided in the Scheme Document."
f |
Interesting comment in the Frasers Group RNS this morning: "At 40 pence per N Brown share, Frasers would have been a willing buyer or a willing seller."
On the one hand 40p was the price to get this done with Frasers, and on the other looks like they consider BWNG has value above that amount. |
Crafty way of avoiding IHT imho |
A result for me as I'm fully loaded here but 40p is theft IMVHO. Surprised Frasers would accept. Whatever, was an easy one for the patient value hunter. |
"The Acquisition is expected to become Effective in the first quarter of 2025, subject to the satisfaction or (where applicable) waiver of all relevant conditions, including the Conditions. An expected timetable of key events relating to the Acquisition will be provided in the Scheme Document."
The Scheme Document will be available at before 12 noon on Fri 18 Oct.
Correction: Scheme Document to be available with 28 days of the announcement. |
Early 2025 |
Do we know what the timeline looks like for the buyout? Is it normally quick? |
Thanks Jon,, |
By selling today in the market you lose 5%+ definitely. That's a very good return, given how short a time you have to wait.
It's highly unlikely the offer will be withdrawn given the circumstances. |
@gripfit: "And if you sell now, CGT lower than it might be."
Definitely not!! You will receive cash in your account, if you don't sell first in the market, in a few weeks, i.e. in the current 24-25 tax year.
So in the same tax year as a sale today in the market.
And, btw, any CGT change will be for the NEXT tax year, not the current one. |
What you may now see is a 'Judges Scientific' appearing, and mopping up several bombed out smaller good companies into any AIM wide sell off. Possibly the sort of thing that a Vin Murria type of business person could be ready for too. |
😉😉😉😉 |
Excellent call #6084 Gripfit !!!
As for other uses for the money, I'd wait until Reeves' budget is out of the way, in case there's a hit on CGT / IHT etc for AIM shares, leading to a sell-off and throwing up good solid small company bargains. |
And if u sell now .. CGT lower than it might be |
Cash in hand etcUnlikely to be a counter imo and have moved cash to other opps |
@semperlucrum: why would you sell at 38p?
What's your thinking? |
No counter bid |
Well done Frasers |
Dumped all just over 38Good luck all, might be a raised counter bid |
Probably better buying at 39p🙄🙄; |
Why would I take 38p now ffs |
TST still under offer |
Grip...I'll be adding to CABP. It's got a bid offer currently being reviewed |
Looking for somewhere to place proceeds ..
All suggestions listened too |
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