nylex down by two thirds, page-3

It is quite possible that the consortium of individuals CHAMP put together to provide the private funding for the transaction are either (a) not prepared to put up the capital given the global market uncertainty (b) are no longer in a position to provide the capital or (c)have already deployed elsewhere the funds earmarked for the deal. Or a combination of all 3.

I still feel any move will come from an existing market player looking for a bolt-on acquisition in an area such as water management.