Has Briscoe's opportunity to buy Kathmandu passed?
Kathmandu's performance does not necessarily vindicate the rejection of the Briscoe offer.
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Hawke’s Bay
The opportunity for Briscoe to buy Kathmandu has now passed, the majority of NBR subscribers taking part in a poll believe.
Briscoe made the bid for Kathmandu in July last year, for five Briscoe shares for every nine Kathmandu shares plus 20c per Kathmandu share – amounting to $1.80 a share in
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Calida Smylie
Mon, 26 Sep 2016
Mon, 26 Sep 2016
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Has Briscoe's opportunity to buy Kathmandu passed?
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