Finweek English Edition - - SIMON SAYS -

A cau­tion­ary from As­tra­pak fol­lowed a few hours later by one from Transpaco cer­tainly gets one think­ing as they both op­er­ate in the pack­ag­ing space, both mak­ing the bulk of rev­enue from plas­tic pack­ag­ing. With both mar­ket caps around the same level (in the mid-R600m), it is not ob­vi­ous who would buy whom; maybe there will be a merger. Com­bin­ing the two would make some sense, but one won­ders if the Com­pe­ti­tion Com­mis­sion would ap­prove. An­other un­likely, but not im­pos­si­ble, op­tion is that some­body has ap­proached both com­pa­nies with a buy­out pro­posal.

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