In today’s briefing:
- Steadfast Group Placement – Another Accretive Acquisition, past Deals Have Done Well
- Pre-IPO Weimeizi (Guangdong) – The Market Position Is Not Solid
Steadfast Group Placement – Another Accretive Acquisition, past Deals Have Done Well
- Steadfast (SDF AU) is looking to raise around A$225m from its placement to fund the acquisition of Insurance Brands Australia, an insurance distribution firm.
- The company had undertaken a similar sized deal last year for another acquisition, that deal did well.
- In this note, we will talk about the acquisition and run the deal through our ECM framework.
Pre-IPO Weimeizi (Guangdong) – The Market Position Is Not Solid
- WEIMEIZI develops the oral care market by means of large promotion and marketing so as to attract consumers, which helps Saky become one of the top brands in China.
- However, with the layout of other long-lasting reputable brands and the entry of new brands, how to maintain the market share in fierce competition has become an important issue.
- WEIMEIZI’s leading market position is not solid, unless it could create differentiated products and keep up with industry trends closely.
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