OTCPK:ICPVF - Post by User
Comment by
McRambuson Mar 26, 2021 10:30pm
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Post# 32891919
RE:RE:Another Dance Partner
RE:RE:Another Dance Partnerbttmfischer wrote: If you have read the Director's Circular mailed to you a few days ago, on page 28 there is a reference made to the fact that IPL established a comprehensive data room, and received inquiries from a number of of thrdi parties.
I would read that as Brookfield may not be the only party of interest.
The way the stock is acting there are currently no other bidders. Gut tells me most companies in this sector do some sort of business with Brookfield and do not want to get involved. I think it's going to take a foreign or American bidder which in itself comes with a whole bunch of regulatory risks...