Based on the Capio EBITDA stated it is a purchase price multiple of less than 6.
M&A makes sense given the organic growth challenge in Aus and Europe over next couple of years. However, it is effectively buying growth, and 'EPS accretive in 2 to 3 years' doesn't sound very exciting.
Capio last traded at SEK41.8, which at a bid price of SEK48.5 per share seems like this might have to go higher. Currently it's bid up to SEK50.8 on the takeover news. I would think this just a starting offer which will increase the purchase multiple.
Perhaps more M&A to come as this CEO is under pressure to produce growth.
Based on the Capio EBITDA stated it is a purchase price multiple...
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Last
$49.20 |
Change
0.200(0.41%) |
Mkt cap ! $11.30B | |||
| Open | High | Low | Value | Volume |
| $49.36 | $49.50 | $48.93 | $16.34M | 331.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $49.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $49.21 | 864 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$49.22 |
Change
0.200 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $49.31 | $49.50 | $49.00 | 260661 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| RHC (ASX) Chart |