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Getting plastered

22 July 2005 By Edward Hadas

At 16 times forward earnings, that may not look cheap for a business at the top of its cycle. But BPB’s growth could be worth even more. The French materials conglomerate is expected to offer a big premium for the British plasterboard maker. The British plasterboard leader called the Fench material conglomerate’s offer "unwelcome". But a higher price might change its mind. A price of 16 times forward earnings may not look cheap for a business at the top of its cycle. But BPB’s growth could be worth even more.

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