WYL 0.00% $1.67 wattyl limited

re: trading halt - regarding negotiations-news Wattyl (WYL.AU)...

  1. 6,669 Posts.
    re: trading halt - regarding negotiations-news Wattyl (WYL.AU) expected to announce counterproposal to Allco
    Equity's (AEQCB.AU) low-ball A$3.25/share takeover bid after placing trading halt
    over shares; WYL last A$3.54, price suggesting increase in offer or rival bid likely,
    particularly since WYL rejection with independent valuation midpoint A$3.90. May well be
    rival bid from South Africa's Barloworld - owner of Taubmans, Bristol and White
    Knight brands - after Dec. 28 announcement it was interested.
 
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Currently unlisted public company.

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