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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
2 mins to read

Nuplex takeover 80% likely to succeed: analysts

Forsyth Barr downgrades stock to neutral after share price rise.

Tim Hunter
Tue, 16 Feb 2016

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
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Nuplex takeover 80% likely to succeed: analysts
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