Timing and right pricing are important in striking a deal in the rubber glove sector


IT isn't just the fluctuating raw material prices or the ringgit's exchange rate that is keeping rubber glove manufacturers in the news. In recent months, another aspect of the industry hasgotten people talking about the sector, namely failed deals.

It started with the January announcement by Latexx Partners Bhd that said there was a proposal by Navis Asia VI Management Company Ltd in association with Mettiz Capital Ltd to buy out Latexx for RM852mil or RM3.10 per share.

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