"dont think ccl has that sort of money or would want to bid that much "
If that is the case then it wouldnt surprise me is SABMiller offered CCL a minority stake (reading between the lines of the CCL announcement).
CCL said there was no way they would have a stake without a say in management. SABMiller said no and chose to go it alone.
takeover - the bid is in!, page-11
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.678M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $5.779K | 427.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 163767 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 136822 | 3 |
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