re: News: SAI drops CEO & reveals $1.1B takeo... A reasonable article in Fairfax yesterday explaining synergies that PEP have and why SAI's property settlement margins may decline.
Analysts warned there is no certainty of a takeover offer emerging, while on Monday SAI Global said it would take a $7 million restructuring charge, which has triggered caution of more cuts to come.
http://www.smh.com.au/business/sai-global-weighed-down-by-compliance-division-woes-despite-pep-bid-20140527-392fg.html
- Forums
- ASX - By Stock
- SAI
- News: SAI drops CEO & reveals $1.1B takeover bid
News: SAI drops CEO & reveals $1.1B takeover bid , page-5
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares