Report
Azelis - Bid on Azelis not a given after buyer interest
According to rumors on Bloomberg, main shareholder EQT is considering options for Azelis after receiving interest from potential buyers. We describe 4 scenarios on what could happen with Azelis following these discussions. A full bid could lead to significant upside, other scenarios have a neutral or even negative impact on the upsideBased on the scenarios we raise our target price from EUR 21 to EUR 25
Underlying
AZELIS GROUP NV
Provider
Degroof Petercam
We are an investment house with Belgian roots founded on more than 150 years of trust.
As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.
Luuk Van Beek
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