AIO 0.00% $9.13 asciano limited

could be a takeover

  1. 1,188 Posts.
    AIO got down to $0.495 this morning capitalising the company at $350m. TPG were prepared to pay $3 billion just three months ago. Surely they will be in there buying right now.

    "Whilst it may now seem like a lifetime ago, it is worth bearing in mind that only in August this year AIO received an unsolicited, non-binding offer of $4.40 from the consortium of TPG/GIP. The offer was deemed by the Board to be opportunistic and consequently negotiations were not progressed any further."


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