CnF Logistics (9099) got a hostile bid out of the blue. Then they went to work to get a better bid, and they got one 91% higher than the 46% premium AZ-Com bid. HUGE governance win for shareholders.
What is covered in the Full Insight:
Introduction
Background
Deal Details
Market and Trading
Conclusion
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.