Crown Resorts (CWN AU): And Blackstone (Almost) Has It; Index Implications
Crown Resorts and Blackstone have signed a Scheme Implementation Deed. Assuming all approvals are obtained, Crown will be replaced by SVW in the...
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Aristocrat/Playtech: Deal Uncertainty but the Shares Are Inexpensive
Reiterate long PTEC LN, TP 680/share on the basis of the Aristocrat offer, with the potential upside risk of a sweetened offer or a break-up...
251 Views
More Suitors for Playtech
Playtech is up 82% so far in 2021, trading c. 10% above Aristocrat's offer. The market gives credit to Gopher's approach, which could come at c. 830p.
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Australia Gaming Outlook: Two Stocks to Watch with Strong Upside Possibilities
Bith Aristocrat and Crown are outstanding Australian gaming assets and both are undervalued for different reasons. But mainly, progress on travel...
159 Views
APM Human Services IPO - Strong past Growth but Has Ample Unhappy Employees and Clients
APM, an international human services provider, aims to raise around US$730m in its Australian IPO. APM runs 800 sites spanning 10 countries with...
392 Views