Nippon Paint Holdings

Nippon Paint Holdings Placement - Nothing Particularly Exciting, Needs to Correct

Equity Capital Markets
316 Views, 10 Jan 2022 09:40
EXECUTIVE SUMMARY
  • A group of shareholders of Nippon Paint Holdings, plan to raise around US$1.4bn via selling nearly 6% of the stock.
  • The shares haven’t done much this year and despite having corrected by around 40% since the start of 2021, they are trading just about inline with analyst average target price.
  • In this note, we will talk about the deal dynamics and run the deal through our ECM framework.
detail (6-minute read)
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets

Head of IPO & Placements for Aequitas Research. At Aequitas we cover all IPOs and placements across Asia-Pac with a deal... 

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