CK Asset Holdings/Civitas Social Housing: Recommended Offer

369 Views13 May 2023 05:22
CK Asset Holdings made a 80p/share cash takeover offer for value-destroyer Civitas Social Housing. Before announcement, Civitas traded at 50% discount/NAV, 8.1% dividend yield (covered <1x).
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Jesus Rodriguez Aguilar
European Event-Driven Analyst
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