Before this bid, the implied value of the Funds Management business was around $40m, according to my reckoning.
Which I thought was too low.
This bid effectively values the Funds Management business at almost $150m.
Which is, well, just bananas.
.
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- Ann: DXS: Acquisition of APN to further strengthen Funds business
Ann: DXS: Acquisition of APN to further strengthen Funds business, page-3
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