But, recognising that the market was also nowhere near Skip/Stonepeak’s bid, Genex Power’s expected to leave the door ajar for some management meetings and the like, in the hope that Skip/Stonepeak can bump its indicative bid.
It’s sure to be lawyers at 10-paces in coming days, as both sides negotiate the confidentiality agreement. Things like access to management meetings and limited rounds of DD can be tricky to negotiate.
Mid-tier broker and private wealth advisory business Wilsons has picked up two offshore hires, including a new head of natural resources from rival Canaccord Genuity’s London offices.
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