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Re: Hugodrax post# 25490

Monday, 08/08/2016 8:26:16 AM

Monday, August 08, 2016 8:26:16 AM

Post# of 36208
The way I understand it is that Greenko is paying a $100M premium which is money on TOP of what the original value is (1.2B). Furthermore, they are also assuming sune's indian debt. The total proceeds will be roughly 1.3B being paid out by Greenko minus whatever money is owed. At least that is what I am getting out of this. The net proceeds (1.3B - debt) is yet to be determined i'm assuming.

And why the hell would they only receive $100M for all of it? The indian assets were of interest to multiple parties. Just like when you're selling a house, if there are multiple offers you may very well end up selling for more than the asking price. Hence the word PREMIUM
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