An interesting topic.
We have seen numerous M+A deals from all sorts of industries, why would QBE be exempt from a takeover proposal? because their a predator themselves?
QBE is the 24th largest insurer in the world and their not even close to the top 10. So would another company be willing to fork out $24b+ (40%) premium to the current price? and would shareholders accept? Remember that nearly 80% of the register is owned by the top 20, so they would make or break it. Would the biggest shareholder - Aberdeen Asset Management accept a $550-700m profit on their recent investment?
As for who would knock on the door? well, there is a big american company/insurer that we all know that has very deep pockets and only purchases deep value, well run businesses - Berkshire Hathaway. He's been betting that the local ecomony will turn, why not buy the 10 largest insurer in the US, biggest operator in the Lloyds of London, a company that has operations in 50 countries and now reports in $US.
You get my drift, where there's value, there's interest, no matter the size.
Pep
- Forums
- ASX - By Stock
- QBE
- is qbe a potential takeover target?
is qbe a potential takeover target?, page-5
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QBE (ASX) to my watchlist
|
|||||
Last
$16.97 |
Change
0.030(0.18%) |
Mkt cap ! $25.49B |
Open | High | Low | Value | Volume |
$16.76 | $17.16 | $16.76 | $50.37M | 2.945M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4167 | $16.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.98 | 1101 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2412 | 16.950 |
1 | 1000 | 16.820 |
3 | 12500 | 16.800 |
1 | 6000 | 16.790 |
1 | 1000 | 16.780 |
Price($) | Vol. | No. |
---|---|---|
17.130 | 1500 | 1 |
17.150 | 13000 | 2 |
17.200 | 2500 | 1 |
17.220 | 1792 | 1 |
17.290 | 1000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
QBE (ASX) Chart |