Playtech (PTEC LN): A Nuanced Flutter
Presumably, a firm Offer from TTB could only unfold if they have the inside track on the Asian block's intentions. This is a messy, nuanced affair,...
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Crown Resorts (CWN AU): And Blackstone (Almost) Has It; Index Implications
Crown Resorts and Blackstone have signed a Scheme Implementation Deed. Assuming all approvals are obtained, Crown will be replaced by SVW in the...
624 Views
Aristocrat/Playtech: Deal Uncertainty but the Shares Are Inexpensive
Reiterate long PTEC LN, TP 680/share on the basis of the Aristocrat offer, with the potential upside risk of a sweetened offer or a break-up...
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More Suitors for Playtech
Playtech is up 82% so far in 2021, trading c. 10% above Aristocrat's offer. The market gives credit to Gopher's approach, which could come at c. 830p.
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APM Human Services IPO - Strong past Growth but Has Ample Unhappy Employees and Clients
APM, an international human services provider, aims to raise around US$730m in its Australian IPO. APM runs 800 sites spanning 10 countries with...
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