In today’s briefing:
- Last Week in Event SPACE: Toshiba, China Resources Power, Chindata, Tian An China
Last Week in Event SPACE: Toshiba, China Resources Power, Chindata, Tian An China
- Toshiba Corp (6502 JP)‘s Board has a Revised Opinion. It has recommended the Offer for reasons which smack of resignation rather than appropriate deliberation. Investors beware.
- Given CR Power (836 HK)‘s clean energy unit’s profitably, a listing should be a significant event, attracting a wide audience, and probably a premium to other listed green energy plays.
- Chindata Group (CD US) is unquestionably cheap. But Bain’s indicative Offer is not the answer to long-suffering shareholders.
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