Goodpack

Goodpack: Business Times reported that KKR is also interested Goodpack. This comes after rumours that Blackstone and Carlyle were considering to make a bid for the latter on Apr 4 (which Goodpack had declined to comment on). On 19 March, Goodpack had announced that it was in talks with unnamed parties which could lead to a general offer being made. It is speculated that Australian packer, Brambles, have also not completely ruled out its options either, given its statement “not currently in active discussions with Goodpack… will continue to monitor the situation” Founder David Lam, who owns a 32% stake in Goodpack, “is said to be open towards a takeover offer”. Goodpack has 3 Buys and 3 Holds with mean TP $2.36