BIL brambles industries limited

take-over offer???

  1. 331 Posts.
    This is from Egoli's News & Views website:

    10. Buyers flocked to Brambles Industries (BIL) on Wednesday in London overnight, pushing its shares up over 6% as traders cited talk the 128 year-old company might be taken over. "There's loads of volume going through and there are more than a few people saying they appear to be in play," one London-based trader said. The US industrial giant General Electric was named by some dealers as a possible buyer. Brambles declined to comment on the speculation and GE was not immediately available.

    So that explains the recent rise and rise of this stock.

    Surandy
 
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