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KKR's $2.50 a share offer for Goodpack fair, decent: analysts

Offer price implies multiple of 17.5 times the expected earnings for 2015

SembCorp Industries came in third with 113 points. SGX, last year's winner, chalked up 112 points to come in fourth, despite dropping just one point from last year's score - PHOTO: SPH

GOODPACK shareholders should take the money that private equity firm KKR is putting on the table, several research houses said yesterday. One of them, CIMB Research, called the offer of $2.50 a share for the pac-kaging logistics company "fair", while a DBS Group Research report deemed it a "