MYX mayne pharma group limited

Ann: Mayne Pharma enters Scheme Implementation Deed with Cosette, page-114

  1. 3,121 Posts.
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    BM can take the haircut because he has a big enough net worth to absorb potential losses in MYX.

    I can't understand how he would think this is remotely a good deal?

    What is the industry norm for Pharma company. Value to equal approx 1 X revenue? That is what we are roughly getting when you eliminate the cash handed over to the new owners.
 
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