SXP sapex limited

HI All,I've been very busy of late so haven't caught up on...

  1. 359 Posts.
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    HI All,

    I've been very busy of late so haven't caught up on everything.

    BUT, this is starting to confirm rumor I had heard RE: LNC and SXP
    see http://www.hotcopper.com.au/post_single.asp?fid=1&tid=659035&msgno=2798794#2798794, where I hinted sometime ago, but got no bites so revealed no more.

    According to rumor, LNC is preparing to become a major shareholder and then make a takeover bid of SXP.

    Has anyone else heard anything to this effect? Or have any comments about the plausibility of such a move?


 
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