I don't think yet you can say this is definitely going to succeed, |
In current market conditions, a high quality U.S. asset manager doesn't come cheap. |
People want people to be interested in them. People want an outlet, and people want attention. I want people to see things and comment on them or be attracted to them or create controversy. |
Technical issues such as the ownership structure and tax status will have to be addressed. But you don't make such a statement unless negotiations are well advanced. |
There is strategic logic in this move but this is not the end of the story. |
They (Old Mutual) have tried to make the offer as friendly as they can. I would put a pretty high probability on the bid going through. |
will be well-nigh imperceptible. |