Heads I Win; Tails You Lose
"The all-stock offer from Li’s Cheung Kong Infrastructure for affiliate Power Assets Holdings should be as much as 13 percent higher" Institutional...
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A Somewhat Curious and Smallish Revision to Merger Terms
Li Ka-shing's CKI has sweetened the offer for Power Assets, in a rare and we must admit an unexpected concession by the Asian tycoon to independent...
344 Views
Cheung Kong Infrastructure Sweetens Power Assets Holdings Takeover Proposal
We raise our fair value for Power Assets Holdings to HKD 75 from HKD 73 following a sweetened takeover offer from Cheung Kong Infrastructure...
350 Views
Proposed Takeover by Cheung Kong Infrastructure Leads to a Boost
We are raising our fair value estimate for Power Assets Holdings, or PAH, to HKD 73, based on our anticipation of a successful takeover by Cheung...
402 Views
Proposed Takeover of Power Assets Holdings is Positive
Cheung Kong Infrastructure's, or CKI's, proposed takeover of Power Assets Holdings is positive. CKI and Power Assets have significant stakes in...
413 Views