bearish

Minerva: Balancing an Interesting Credit Story with Acquisition Risks

169 Views26 Aug 2024 18:06
​Initiating coverage on Minerva with Underperform rating due to concerns about credit impact of Marfrig acquisition and expectation of weakening credit profile in the future.
What is covered in the Full Insight:
  • Executive Summary
  • Market Leadership and Diversification
  • Favorable Beef Export Dynamics
  • Acquisition and Integration Challenges
  • Conclusion and Trade Recommendation
SUMMARY
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Full Insight
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Leandro Gubler
Senior Credit Analyst - Emerging Markets
EM Spreads
CreditDebt Capital Markets
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  • Minerva: Balancing an Interesting Credit Story with Acquisition Risks
    26 Aug 2024
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