M&A down under – eyes open for bargain basement deals
Bread and butter on the menu
If you have closely followed the Sinotrans rollercoaster as eagerly as we have, you may already know we have bad news for you.
(But don’t despair.)
The short-lived rally, as it turned out, that we flagged two weeks ago – to which the CMA CGM + Bolloré Logistics deal announcement on 8 May contributed, in my view – has now vanished.
Briefly, two things here stand out as no other speculative deal-accretive signs have surfaced so far.
First, the stock went ex-dividend last week, but ...
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Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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mobile: +44 7402 255 512
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