----- Original Message -----
Sent: Monday, April 09, 2001 11:54
AM
Subject: [sharechat] RBC,FFS,etc
Ceejay
I don't see RBC as a barrier to a takeover of FFS
at all. Perhaps an easy way for a company to get a controlling stake in
FFS would be to takeover RBC, sell of some of its assets and use the capital
to increase its stake in FFS.
As for CITIC, they repeatedly refused to go to
arbitration over the CNIFP spat and one can only wonder why. Instead
they have been intent on pursuing the matter in court. Perhaps
its the way things are done in China - I don't know. I'll be
very interested to see if CITIC shows any interest in buying any of the CNIFP
assets that are now in the hands of the receivers. So far the only
party showing any interest at all is CAH.
Regards,
greg
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Re: Re: Re: [sharechat] Greg and greg are different.
- Subject: Re: Re: Re: [sharechat] Greg and greg are
different.
- From: "Colin Ross" <ceejaynz@xtra.co.nz>
- Date: Mon, 9 Apr 2001 09:51:27 +1200
Is FFS vulnerable to a CITIC
buy-out?
CITIC could theoretically solve all its
CNIFP problems by standing in the market for a good slice of
FFS.
What opinions do we have about the strategic
importance of a friendly company (ie Rubicon), holding a big
enough slice to provide a barrier ?
Ceejay | |