Nuplex delighted investors yesterday with just the thought it might sell a couple of problem Australasian businesses.
Nuplex shares jumped as much as 7.6 percent to $3.25 before easing to close at $3.22.
The resins manufacturer said it was discussing the sale of its agency and distribution business and its Masterbatch plastic additives business with a private equity firm, CHAMP, but that there was no guarantee of a sale.