Nuplex investors tight-lipped as big gain in prospect
NZ institutions sitting on $10m upside.
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Two of the biggest shareholders in takeover target Nuplex [NZX: NPX] are keeping their cards close to their chests as a takeover proposal sends their stock soaring 30%.
Fund managers ACC and Milford Asset Management, with stakes estimated at 5.4% and just under 5% respectively, declined to comment
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Tim Hunter
Mon, 15 Feb 2016
Mon, 15 Feb 2016
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