LFD & VST Why is LFD deal so important for VST?
There are two good reasons: First the price that LFD will be sold at or whatever financial combination, this will sent the bench mark for any VST deal going forward or perhaps any other small Kurdistan based operator blocks.
On the other hand, this deal needs to be done quickly to give VST some alternatives about Financing. I do not see any merger coming forward but LFD financing in return for shares in the VST venture. This is why Said has been let go from VST to avoid any conflict of interest or minimize quetions asked by regulators.
Just my opinion