FNZC analyst downgrades Tegel’s earnings outlook
A condition of Bounty's takeover relates to first-half earnings.
Tegel Group's stock would be worth just 95 cents without Bounty’s effective $1.27 per share takeover offer, an FNZC analyst says.
FNZC analyst Jack Crowley also gives the takeover a two-thirds chance of success, based on the need for Overseas Investment Office (OIO) approval – Bounty is based in
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Tue, 12 Jun 2018
Tue, 12 Jun 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
FNZC analyst downgrades Tegel’s earnings outlook
75323