NFK 0.00% 47.5¢ norfolk group limited

substantial shareholder increases holding, page-3

  1. 549 Posts.
    It makes sense for MND to launch a takeover, they are mechanical contractors that are expanding to become mechanical and electrical contractors, which is what the major resource companies are now looking for when it comes to expansions. Norfolk ownes one of Australia's largets and oldest (106 years) electrical contracting companies in ODG. Make what is really a cheap purchase of NFK ($240-250 million) and whallah, you have an immediate presence across the whole country in every major resource centre, complete with all the people and plant.
 
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Currently unlisted public company.

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