bullish

Sumo Group

Tencent/Sumo: Recommended Cash Offer

225 Views20 Jul 2021 06:49
This is a rock-solid trade, 1.9% gross spread, c.4% annualised. Completion should take place in about five months. On 19 July, the shares closed at 503p, a 40.5% increase. Long SUMO LN, TP 513p.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top Quartile
Jesus Rodriguez Aguilar
European Event-Driven Analyst
Multi-AssetEvent-Driven
x