By Steve Moore | Thursday 24 November 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing last week on the increased, 740p per share, offer from Malaysian company Kuala Lumpur Kepong Berhad for M. P. Evans (MPE), I considered it unlikely that it would be sufficient to achieve a change of stance from the M. P. Evans boardroom and that, although the response of the seven shareholders who together held more than 50% of the issued share capital could be more interesting, I was far from convinced that the offer would succeed. The following updates on subsequent developments…
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