This looks like its going to be yet another nothing burger day.....but I'm enjoying reading the discussion around Hepa and the ROFR. Its been a while, but for a long time I've thought the most likely dance partner in any take over is HL...I believe Koo has shared my view that the share structure makes any deal very problematic at the very least...now it seems CP has a similar view with a few more layers.
The art of deal making sometimes varies along cultural norms....and it got me to thinking about an old Russel Peters routine about negotiating between Indians and Chinese. If a Sanofi, Pfizer or some other BP player wants to take HL out I wonder if they'll have to 'be a man' and 'do the right thing'.