bearish

Challenger Limited Placement - Discount Isn’t Enticing Enough for a Surprise Selldown

215 Views04 Sep 2024 17:37
AP Liberty (Apollo) is looking to raise US$318m from trimming its stake in Challenger Ltd (CGF AU). In this note, we run the deal through our ECM framework and comment on deal dynamics.
What is covered in the Full Insight:
  • Deal Terms
  • Our Take on the Deal
  • Deal Dynamics
  • Recent Financial Performance
  • Scores on Our Framework
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