Selected European Holdcos and DLC: January‘23 Report
Discounts to NAV of covered holdcos have generally tightened since New Year. Spreads tend to widen in bear markets but short-term recoveries...
481 Views
Allied Blenders and Distillers Pre-IPO - Yet to Recover from COVID-19
Allied Blenders & Distillers (ABD IN) is looking to raise about US$250m in its upcoming India IPO. I-Sec, Axis Capital, JM Financial, Kotak and...
822 Views
Selected European Holdcos and DLC: New Year‘23 Report
Discounts to NAV of covered holdcos have generally widened since mid-December. Spreads tend to widen in bear markets but short-term recoveries...
745 Views
Sula Vineyards IPO Trading - Not a Whole Lot to Cheer About
Sula Vineyards raised around US$117m in its India IPO, although demand wasn't all that great. In this note we talk about the demand and trading...
882 Views
Selected European Holdcos and DLC: November/Mid-December‘22 Report
Discounts to NAV of covered holdcos have showed a mixed performance during November and the first half of December, with the same number of spreads...
651 Views