bullish
Fortress's Recommended Cash Offer Trumps CD&R
195 Views07 Jul 2021 05:48
Expect an improved offer to be in the range 270-280p. Long MRW LN. Risk is that there will not be a bidding war. On 6 July there were c. £33.6 mn traded). Gross spread to Fortress's offer is -5.1%.
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Jesus Rodriguez Aguilar
European Event-Driven Analyst
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