Nuplex takeover 80% likely to succeed: analysts
Forsyth Barr downgrades stock to neutral after share price rise.
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A $1 billion private equity-backed takeover proposal for resins company Nuplex [NZX: NPX] is 80% likely to succeed, analysts from Forsyth Barr say.
In a research note published after the takeover was revealed yesterday, analysts Mike Wyeth and Jeremy Simpson downgraded their rating on Nuplex
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Tim Hunter
Tue, 16 Feb 2016
Tue, 16 Feb 2016
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Nuplex takeover 80% likely to succeed: analysts
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