Thoughts I have a feeling that the deal as currently configured will not be consummated. Clearly, RH has dug his heels in wrt Vetas but has thrown a bone to Batista with the 10% stake.
However, should the deal go ahead, then this would allow Beatty to come in with an offer for Vetas which would almost certainly be in the $1+ region. The last thing Eike would want is to get into an auction situation with Ross, so I suspect we will see a revised offer from him put on the table prior to year end.
If this should happen, it would be very interesting to see what sort of premium Ross could lever out of the situation.