InvoCare (IVC AU): Board Capitulates to TPG’s Small Bump
The Board’s capitulation for a marginal bump reflects the lack of a Plan B. While, not a knockout bid, the offer is reasonable. At the last close,...
403 Views
InvoCare (IVC AU): TPG's A$12.65/Share NBIO
TPG has made an NBIO to acquire InvoCare at A$12.65/share for an equity value of A$1.8bn. TPG has also bought up 17.8% of the company. We'd buy...
463 Views
InvoCare (IVC AU): TPG Capital Makes a Move
TPG is seeking a 10% pre-bid stake and will subsequently lob a non-binding offer at A$12.65. While not a knockout offer, it is a good starting...
565 Views
Major Reinvestment Program Gives Invocare New Lease on Life
New competitors are unlikely to breach the firm's wide economic moatShares in funeral services provider Invocare Ltd (IVC AU) have been punished...
451 Views