BIL brambles industries limited

the lower it goes the more likely a takeover?

  1. 34,500 Posts.
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    I think if BIL stays at these levels or even goes lower a bit it is more and more a takeover target for GE.

    Especially since GE got out of the competitor (Loscam (www.loscam.com.au)) as reported in the AFR last week, so they are now free to take BIL's australian pallet business as part of overall takeover without the ACCC interfering....

    I wonder if the price is being pushed down for this? It ran to $5 recently but was stopped at $5...

 
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