BIL brambles industries limited

the lower it goes the more likely a takeover?, page-15

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    re: cheap chep Brambles Limited (BIL) down 6 cents or 1.3% at A$4.54 after 2.4% fall in U.K.-listed shares, amid talk of U.S. investor selling. Follows recent news of executive departures at CHEP USA. "I think most of the market knows that it's U.S.-based," says senior institutional dealer. "It's probably a large U.S. holder (of BIL shares), given the volume that's going through in the U.K." Another dealer notes: "JP Morgan has crossed about 4 million shares. They've had a big sell order." BIL trading volume heavy at 10.3 million shares. (Dow Jones)

    from www.egoli.com.au
 
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Currently unlisted public company.

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