Strategic long term investor Washington Soul Patts (SOL) is set to buy BKW for $30.28 with both boards supporting the transaction. This extremely well respected company clearly sees value into the current sector downturn – in 2024, the business generated ~37% of its revenue from North America.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is neutral BKW ~$33
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Related Q&A
What Building stocks does MM like today?
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CSR v Brickworks (BKW)
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