Throw the wilted Lynch Group on the PE targets list.
With small and mid-cap take-privates blossoming, Street Talk’s trying to keep tabs of all the bombed out candidates attracting private capital interest.decent list on Monday night
Things have turned sour since, and it last traded at $1.96, to be changing hands at a miserly 9.5-times forecast earnings per share. Bankers have trying to rustle up PE interest, pitching it as an Australian and pan-Asian growth story. PE knows it well, having studied it when it was still in Next Capital’s portfolio pre-float.
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