Is this a google quote issue?
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Is this a google quote issue?
Interesting, I read an article on Yahoo finance recently that FEVR have just taken on a director from Unilever and comments were made about a possible tie-up then.
I hope not. There is a history of companies just selling out, when they could hold on to become a great company rather than being swallowed by Unilever or Schwepess etc.
If they are bought out this better be for some £AVS^J17 like premium to reflect where the PI's would have been in 5 or 10 years time. Certainly the £28 a share quoted in the Telegraph doesnt do it for me.
Think I will drop Warrollow and Rolls a line.
For the avoidance of doubt I hold, second largest holding and 11.8% of portfolio and will top on Monday.
Just assuming there might be some substance to the rumours, then given that Unilever (LON:ULVR) have just spent a load of money they don't actually have on buying back their own shares, what are they proposing to pay for Fevertree Drinks (LON:FEVR) with? Presumably either even more increase in their already excessive (IMO) debt, or maybe a placing at a lower price than they've recently paid to buy back shares at a peak?
I hold a small position in Unilever (LON:ULVR), but I'm not impressed with their recent buy-back and have sold 2/3rds of my holding.
I only have a small holding but I agree £28 is far too low for such a growth company and brand name. I may well top up next week. There could be a trading update soon.