"Speculation is rife that within the next two to four weeks private equity and a trade buyer will emerge. Names being touted include TPG, KKR and Archer, but the list could be far greater given this company still has some strong brands, it has just lost its way."
Four weeks from the date of the article is July 24th.
Is Gordon Merchant back in Australia yet?
Could a takeover bid come as early as this week?
BBG Price at posting:
87.6¢ Sentiment: Buy Disclosure: Held