OLD DOG
Well-Known Member
Sorry just to clarify,
If CCL take over FGL, CCL will keep the BEER business and sell off the WINE business.
As it currently stands FGL is worth 13.3 billion and CCL 6.9 billion, if the takeover was to take place CCL will need some serious debt to get the deal done amongst other things falling into line.
And that isnt taking in account the premium that will be needded to be atleast half attractive.
talk about little brother beating up his big brother.
cheers old dog
If CCL take over FGL, CCL will keep the BEER business and sell off the WINE business.
As it currently stands FGL is worth 13.3 billion and CCL 6.9 billion, if the takeover was to take place CCL will need some serious debt to get the deal done amongst other things falling into line.
And that isnt taking in account the premium that will be needded to be atleast half attractive.
talk about little brother beating up his big brother.
cheers old dog