Line one is the current share price. Line two is the offer from Pepsico. 10% Delta is either provision for a divi payout, or risk that you carry if the deal falls through ? My feeling is that this is a huge vote of confidence in SA inc, and 110 is quite an opportunistic purchase price. Shareholders might ask for a little more + government pressure might help this deal to materialise.
Comment:
Correction: Line 2 is current price, line 1 offer price