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10/10/19
10:15
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Originally posted by stevo1963:
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Just want to know what peoples thought are if they care to say. I know Bal are in the process of possibly being bought out by a Chinese firm. What would happen if there is a global recession or the stock market continues its plunge and mothers of today resort to buying cheaper brands of infant formula and/or organic milk. Could the chinese company review their offer and withdraw it due to economic uncertainty ? The offer that has been put forward to us Bal holders seems to be reasonable considering sharemarkets are falling with global economic uncertainty. Any thoughts on this??
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highly doubt it. food and healthcare are no. 1 in china. chinese people don't go stingy on these two sectors. food is everything just like the italians..