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Takeover News/Rumours

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It's assuming no changes to Sartori's shareholding. It could just easily involve Sartori transferring his shares into a new consortium vehicle co-owned by him, K L-D and a couple of others, which would give:

Newco (for want of a better word), probably based somewhere like Luxembourg (see Joey Saputo's ownership structure for Bologna): 79%
Donald:15% (down from 74%)
Methven: 6% (unchanged)

This wold have the advantage of a single shareholder with more then 75% of the shares, giving total control of all shareholder resolutions.

Well that's the sort of thing I imagined. What I meant was had it been confirmed anywhere.

EDIT: Ie. that there were no other new shareholders.
 
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