FBR 5.26% 3.6¢ fbr ltd

Competitors to CAT, page-4

  1. 2,410 Posts.
    lightbulb Created with Sketch. 487
    One of the most famous hostile takeovers:

    "
    Vodafone and Mannesmann
    Another major hostile takeover in the telecommunications sector was when Vodafone (VOD), a British telecommunications company, took over Mannesmann, a German mobile phone company, for around $183 billion in stock in 1999. This merger was the first time a German company had been taken over by a foreign company.

    Vodafone and Mannesmann waged an intense battle for about three months before Mannesmann ultimately acquiesced to Vodafone's demands. Mannesmann shareholders received around 59 shares of Vodafone for each share they owned."

    If cat does not strike a deal after hx is a succes,i think others will buy fbr and pivac will be under huge pressure, because fbr will have to little cash to proceed and start a production plant


    Also a lot of investors will sell if they see cat does not strike a deal, stock price might dip to 3 cents or lower if cat walks.
    Last edited by Ankhenaten2: 19/09/18
 
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