K P N - E Q T Consortium: Prospective Bid (II)
KPN is back to growth and well-run. On a 7.6x EV/EBITDA exit, 10% acquisition premium of 10%, 25% equity and spread of 250bps to 10-y € swap, an...
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Recipharm-EQT Takeout
Recipharm closed at a 0.8% gross spread to the offer price, not massive, which reflects that the deal is highly likely to complete. Wait for any...
538 Views
Bilfinger SE: Private Equity Interest
Using multiples plus the BV of Apleona gives a valuation of €26.57 per share. Either the market is very pessimistic about growth and margins...
384 Views
Investor AB (INVEB SS): Blue Chip Portfolio at a Discount
Investor AB (INVEB SS) is a Swedish industrial holding company, and the holding vehicle for the Wallenberg family shareholdings. I believe that...
622 Views