Originally Posted by
Alteagod
Do we take it now that no news is good news. As the dust has settled on all the rumours of doom and gloom has there been any movement towards a sale?
Unless we are talking about an urgent firesale situation the due diligence (financial, commercial, legal, HR, competition clearance) would take at least 6 weeks and even then the M&A team would need to get the various board approvals before making a formal bid.