ENN Energy is a US$8.5bn market cap company. It's possible ENN Group make an Offer. But more likely, expect an Offer from a (larger) third party.
What is covered in the Full Insight:
Introduction of ENN Energy
Potential Acquisition Scenarios
Market and Regulatory Considerations
Pricing and Valuation Insights
Share Price and Peer Comparison
Boomeranged on Wed, 26 Mar 2025 23:06
My initial takeaway is that this not is the Offer investors are seeking. Yes - the headline Offer consideration of $80/share is fair. However, scrip in an as unlisted H-share-equivalent entity (and how will this trade to the As?), comprising ~69% of the consideration, is not ideal.
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