FGL 0.00% 1.4¢ frugl group limited

Just listening to SKY Business and SABMiller are basing their...

  1. 1,091 Posts.
    Just listening to SKY Business and SABMiller are basing their offer on 12x EBITA for 2011-12 financial year.

    Kirin purchased Lion Nathan on a multiple of 12, however across the global market multiples have ranged for 12-16 times.

    Comments were basically that this is an introductory offer and they do expect that there is more to unfold over the coming weeks.

    FGL will commence trading approx 1 hour late.
 
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