Report
Lorraine Tan
EUR 100.00 For Business Accounts Only

CK Infrastructure's and Power Assets' Potential U.K. Assets Spin-Off Neutral for Now; Retain FVEs

On the whole we tend to expect CK Infrastructure's, or CKI's, and Power Assets' planned spin-off of its European assets to be positive as we see this as an opportunity for the group to potentially realize market valuations of these holdings. We also see the cash raised as possibly being utilized for new acquisitions with potentially better growth prospects particularly as the next permutation of allowed returns on the U.K. assets could be less attractive. However, the move could negatively impac...
Underlying
CK Infrastructure Holdings Limited

CK Infrastructure Holdings and its subsidiaries are engaged in the development, investment and operation of infrastructure businesses in Hong Kong, Mainland China, the U.K., the Netherlands, Australia, New Zealand and Canada. Through its subsidiaries, Co. is engaged in investment holding; production and laying of asphalt; manufacturing, sale and distribution of cement and property investment; financing; treasury; and waste management servicce. Through its principal associates, Co. is engaged in investment in power and utility-related businesses, and electricity distribution.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Lorraine Tan

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