bullish

Sumo Group

Tencent/Sumo: Recommended Cash Offer

233 Views20 Jul 2021 06:49
This is a rock-solid trade, 1.9% gross spread, c.4% annualised. Completion should take place in about five months. On 19 July, the shares closed at 503p, a 40.5% increase. Long SUMO LN, TP 513p.
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Jesus Rodriguez Aguilar
European Event-Driven Analyst
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