Squeeze is on?, page-33

  1. 496 Posts.
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    This isn't 60 days for "deal/no deal", but 60 days exclusivity period for Sigdo Koppers to do the review.

    IMHO if they are close to putting an offer, there's a high chance of this period of exclusivity being extended. If it lapses without the deal, the negotiations might still continue next week, but I would expect competitive offer from another party in no time.

    Either way, BKN should release the market update e.g. on Monday.
 
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