Quote Originally Posted by Sgt Pepper View Post
There was an item on RNZ business a few days ago.It indicated that already one major hotel investment group was interested in potential acquisitions in NZ. I guess a counter cyclical investor prepared for several years of scant returns . McK a potential acquisition target as the only NZX listed hotel chain company??'
What are others opinions?
Any offer for MCK would either have to be made or supported by the existing controlling shareholder. As a result, any assessment of likelihood of that happening would have to look at their own financial condition - do they have enough cash to make an offer or, alternatively, do they need cash enough to be open to an offer? There are (obviously) other factors to consider but that would be one thing I'd look at.

Disclosure: hold CDL