Take no action for CCL's hostile takeover bid
Coca Cola Amatil (CCL) has made a hostile takeover bid of $2.25 for Neverfail. The shares rose strongly in anticipation of counter bids from other players such as Danone and Nestle. We are of the opinion that the price is a reasonably good outcome for NEV shareholders and it represents a healthy premium to recent trading history.
http://research.equitycafe.com.au/
- Forums
- ASX - By Stock
- stock of the week
stock of the week
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)