Report

Liberbank : Merger with Unicaja abandoned: a missed opportunity, not a tragedy; opinion and recommendation maintained

Surprising abandon of merger talks with Unicaja; M&A still in the air - >Liberbank and Unicaja (Baa3/BBB- Fitch) announced on 14 May after market close the termination of discussions about a potential merger, due to a disagreement over the exchange ratio. Although the talks extended beyond the initial schedule (April according to press rumours), the announcement came as a surprise given the strategic and financial relevance of the combination, as perceived by us ...
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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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