Niox Takeover Rumours (NIOX)

I doubt AZN would be interested and let's face it they have had plenty of chances. I would think a potential acquirer would approach AZN for the 16% first and then negotiate with management if an agreed takeover is wanted or if another large chunk could be freed up sufficient leverage may be achieved for a hostile takeover. I am sure it will be bought at some point though as a bolt on business to someone with a similar worldwide footprint.