Nickel Industries Has Ability to Strike Net Present Value-Accretive Deals, Indonesian Policy Warrants Caution, Jefferies Says
() -- Nickel Industries (ASX:NIC) can strike net present value-accretive deals, but caution is warranted because of "Indonesia's capricious policy regime," Jefferies said in a note on Monday. The model for Nickel Industries was updated to account for the $169 million acquisition of a 17.5% stake in the TMI HPAL and the