RE:New Press Release - IMPERIAL BRANDS PLC EXTENDS $123 MILLION CONVERTIBLE DEBENTURE AND AUXLY IMPLEMENTS BOARD AND MANAGEMENT CHANGESDelaying the inevitable for a further 2 years. Maybe the new Finance Minister will change the taxation percentage and give the legals a fighting chance.
Could happen. Doubtful, but you never know.
Imperial either sees this delay as a chance to get their money back, or good things to come.