11 ordspråk av Julian Roberts
Julian Roberts
Although we have had indications from certain Skandia shareholders that they do not accept, this has got a long way to go,
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I think probably it is very tough out there at the moment (for Skandia) with what has been going on,
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In many respects we have bought companies that are fundamentally strong, but have issues that we believe our management and our expertise can help resolve,
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That is a significant level,
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That is why we'd like to complete the transaction as fast as we possibly can.
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The (threshold in the) prospectus is at 90 percent. We want the whole of the company,
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The three top shareholders (Fidelity, Cevian and Burdaras) are very much in favor of the transaction. We are confident that the compelling logic of the transaction is coming through,
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There is a degree of uncertainty, yes.
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We have done a very considerable due diligence. We have spent a lot of time with the local management and have got a good understanding of the positioning of the brand and the positioning of the business in Sweden.
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We will wait to see whether we get to 75%, when we get the extra £10m of tax synergies.
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We won't go hostile. We want to own the whole of the business. Therefore we want to own over 90 percent in order to squeeze out the minorities.
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