Grifols/Biotest: Preference Shareholders at Disadvantage & Grifols's Leverage
The deal should succeed and there are no grounds for Grifols to offer more than €37/pref. Price is high, with negative implications for Grifols's...
293 Views
Share
Liquid Universe of European Ordinary and Preferred Shares: September Report
Spreads have generally widened during the last four weeks, in line with selling pressure on the markets. Interesting situations are: BMW, Fuchs,...
247 Views
Share
Liquid Universe of European Ordinary and Preferred Shares: August Report
Spreads have generally tightened during the last five weeks, with some notorious exceptions like Roche and Volkswagen. It seems the time to put the...
190 Views
Share
Liquid Universe of European Ordinary and Preferred Shares: July Report
Discounts/Premiums have not followed a clear trend since mid-June. Interesting situations are Henkel, BMW, and SSAB, in my view.
357 Views
Share
Liquid Universe of European Ordinary and Preferred Shares: June Report
Discounts have generally widened across the European space. The report has a summary table and highlights both premiums and discounts as well as...
156 Views
Share