In today’s briefing:
- APA Group Placement – While the Overhang Remains, Selldown Appears Well Flagged
- Veolia Environnement S A (VEOEY) – Wednesday, Jul 17, 2024
APA Group Placement – While the Overhang Remains, Selldown Appears Well Flagged
- Unisuper is looking to raise A$500m (US$333m) via trimming a portion of its stake in APA Group (APA AU).
- The deal will be a large one to digest at 24 days of the stock’s three month ADV.
- In this note, we’ll run the deal through our ECM framework and comment on deal dynamics.
Veolia Environnement S A (VEOEY) – Wednesday, Jul 17, 2024
- Veolia is an attractive investment opportunity in waste and water management sectors
- Currently trading at a low multiple with a 4.5% dividend yield, expected to provide a mid-teens IRR
- Factors like recent stock sell-offs, potential cyclical recovery in Europe, and USD weakening could create an opportunistic time to invest
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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