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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

Published Wed, May 28, 2014 · 10:00 PM
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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 "decent offer price".

"While…

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