bullish

Funai Electric (6839 JP): Tender Offer Price Seems Light

373 Views24 Mar 2021 13:05
Funai Electric is the subject of a takeover - not unexpected after the death of the founder 3yrs ago. The deal is TOO CHEAP. At face value, it is NEGATIVE EV. In the details it is even more negative.
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Janaghan Jeyakumar, CFA
Equity Analyst, Event-driven
Quiddity Advisors
EquitiesEvent-Driven
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