Martin Slabbert of Prime Kapital has strong views on the Hyprop offer to MAS shareholders. As a follow-up to the press release dealing with his concerns around the deal, he joined The Finance Ghost on this podcast to dig deeper into key concepts including: The backstory to the relationship between Prime Kapital and MAS; His views on why Hyprop has put in this offer; The conditional nature of the Hyprop bid and the risks that he believes that this introduces; The highly unusual structuring of the deal in terms of how long the offer is open for; The nature of an irrevocable undertaking; and What the future might look like if this deal goes ahead.   Important disclosure: Prime Kapital has paid a market-related fee for the production and placement of this podcast. The views shared by each of Martin Slabbert and The Finance Ghost in this podcast reflect their opinions on the topics covered herein and should not be seen as financial advice. As noted in the podcast, The Finance Ghost currently holds a position in Hyprop. As always, do your own research in forming a view on this transaction.