Virgin Islands-based Apple's bid values Aminex shares at a fraction of their current 27.5 pence per-share market value. However, it promised to extract a cash return for shareholders by selling all the company's assets and returning the proceeds along with most of the cash in the business to those shareholders.
The offer is four new Apple shares for every 11 Aminex shares, plus one unit of zero coupon loan notes for every Aminex share.
