I cant see why SIAF should give away any of their TRW shares in this deal. It is TRW that give us shareholder a part of the company in exchange for the money they owe us (SIAF). If TRW issue new shares in order to do this, all old owners of TRW shares will be diluted. The other way of distribute the shares is of course that the owners of the 63,3% of TRW “give away” half of their shares.
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