Takeover plays add shine to industrials
Many emerging industrial stocks have been oversold in the market correction, particularly mineral processing and testing firms. These stocks are likely to outperform into the expected recovery next year.
Brendon Lau
Updated
Ammtec (AEC)
The hostile takeover bid for Ammtec has forced the metallurgical and mineral testing services company to take the unusual step in offering earnings guidance for 2010-11 as it tries to fend off bidder Campbell Brothers .
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