Noble Group rejects takeover

Noble rejects a takeover offer at the eleventh hour from Centricus. I don't know any counterparty that's willing to trade with them in coal space. And everyone I've spoken with says they will go under, and I think so too, just a matter of time. Don't know much about the details of the offer but it might have been a wrong choice on Noble's behalf.

What's everyone's views?

Article: https://www.reuters.com/article/noble-grp-ma-cent…

2 Comments
 

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