In this analysis I assume SSH has made significant progress with C -Pulse making outcomes, enrolments etc more certain.
SSH needs a worldwide distribution system plus large manufacturing capability plus an increased R&D capability.
Edwards has this, can ssh buy it at the right price?
Edwards has a value of around $10bn Edwards and SSH agree that a conservative NPV for SSH iis around the $200 bn in today's dollars.
Edwards has limited growth potential and wants to be part of the story. Can a deal be done.
Edwards makes a bid cash and stock.
Can see it being very good for Edwards, can see it supplying a lot of what SSH needs at attractive cost, would still leave room for a mega company to buy C-Pulse by taking over Edwards, but how would ssh management keep control of device and how would Edwards structure the deal to keep risk acceptable for their shareholders but still deal SSH shareholders into the upside potential adequately? Buying a distribution system must be a priority for SSH but how?
Add to My Watchlist
What is My Watchlist?