0111 GMT [Dow Jones] Dealer says wording in Multiplex (MXG.AU) statement relating to conditions and protocols surrounding a formal approach from Brookfield Asset Management (BAM) is "bizarre," particularly in relation to disclosure of confidential MXG information. "How are they going to take it over without even knowing what's there?" says dealer after statement adds little new information beyond identifying Brookfield, with no price or details of terms unveiled. MXG up 31 cents or 6.8% at A$4.86. (WEL)
MXG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held