There is scrip valuation uncertainty as the offeror is unlisted, and its valuation hinges on pipeline products. Nevertheless, the deal should get up with no shareholder close to a blocking stake.
What is covered in the Full Insight:
Offer details and structure
Shareholding structure and key conditions
Valuation of the offeror H share
Offer price compared to historical share prices and peer multiples
Future perspectives and possible outcomes
SUMMARY
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