It doesn't make sense for us to pay a price that's inconsistent with our model and with our responsibility to our shareholders. We have not been able to agree a price and so we are moving on. There is a lot of activity in Europe at this moment and we are focusing on that.
More Quotes from Jim Craig:
The day to day operations of the business will continue to be run by local management by their base on the Isle of Man.Jim Craig
We spent a lot of time talking to shareholders and other stakeholders. We concluded that an increased offer on terms acceptable to Macquarie and its investors is unlikely to be acceptable to LSE shareholders.
Jim Craig
To ensure safety, the industry has moved employees from some facilities and shut down various offshore production platforms, refineries and pipeline operations in affected areas, ... This will have an impact on petroleum product supplies. With only limited information available at this time we are unable to estimate the extent of the impact.
Jim Craig
There's something that's been hanging in the shadows for quite a while.
Jim Craig
My views may have had some influence ... But their views have influenced me as well,
Jim Craig
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