Privatisation was not the case for Amber, not the abyss.

Source: Internet
Author: User
Keywords Privatization amber education privatisation offer abyss
Wen/Shi Yufu March 27, the tyrant Ling Asia withdrew the letter of the Nyse:ambo privatization offer to the amber education. There are three reasons for the withdrawal: first, after the offer was issued, Amber educated 3 independent directors to resign; second, the Amber independent auditor PwC resigned; third, March 22, the amber education stock was suspended. So far, the ups and downs of the privatization of education seem to have ended. Most investors believe that it will be hard for amber to roll over and survive in the capital market, even when the words are delisted. But the privatization of Amber may have been just a capital agency, according to industry insiders, and the end of privatisation means a new dawn for Amber. When the company withdrew its privatisation offer, it said it was still willing to continue to consider potential transactions, including the acquisition of 100% or some of its shares in the amber education, provided that it resolved the resignation and suspension of the directors and independent auditors appearing in the privatization process. Can the attitude of the Overlord be understood as a signal--its confidence in Amboyian? Overlord Asia is one of the three "foreign shareholders" who have resigned, and the tyrant Ling is more familiar with the amber and Chinese education market. In the current situation of Amber, the withdrawal of the privatisation offer but said to continue to wait and see, let outsiders have to wonder if it has another picture? The price of Amber's education, which fell to $0.95 trillion, already well below the 1.46 dollar offered by the privatisation offer, is a low-cost opportunity for Baring Asia, but only if the privatisation offer is withdrawn first. Therefore, some analysts directly suspect that the price of the former bid on the status of Amber is already high, the withdrawal of the privatisation offer, perhaps the Baring revealed its capital greed characteristics, do the bureau. This from another point of view, Baring is still interested in the education of amber, but do not want to pay a high price, such as the end of the suction, the possibility of restarting privatization exists. Capital Bureau is common, Lang-ping once based on the previous privatization examples, analysis of the commonly used procedures and methods of privatization. He believes that large shareholders or acquirers use the market to keep the price of the stock is the indispensable step of privatization, such as the market for the privatization of the strong opposition or the issue of dissatisfaction, the acquirer will be slightly additional acquisition price to show determination and generosity. If it is a non-binding offer, the withdrawal of a second offer is a feasible method. If we use the logic of the Lang-ping analysis of the privatization process, we will find that seemingly unfavourable to the small shareholders of the situation, vaguely can see the capital investors carefully plotted a "bureau." In this bureau, sporadic events affect the judgment of small shareholders, and when we run through them, we may be able to see what the real purpose of the capital side is. In this sense, the amber education market is far from over, the show is still behind.
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