Analysts: It will be a risky move.

(From Business Times (Malaysia))

Byline: Adeline Paul Raj

ANALYSTS said it would be a risky move for Sime Darby Bhd to take over plantations group Kumpulan Guthrie Bhd - a development that is widely speculated.

Sime Darby's share price closed unchanged at an 11-month low for the third day yesterday on the speculation, dealers said.

Guthrie meanwhile had its biggest one day drop this year, falling 5 per cent, or 14 sen, to RM2.56.

Most analysts contacted by Business Times were none too keen for Sime Darby to take over a company with over RM3 billion in debt and with a return on equity much lower than its own.

Other …