Nuplex takeover 80% likely to succeed: analysts
Forsyth Barr downgrades stock to neutral after share price rise.
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
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
Tim Hunter
Tue, 16 Feb 2016
Tue, 16 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Nuplex takeover 80% likely to succeed: analysts
55528