Report
Klaus Ringel ...
  • Michael Foundoukidis

SAF-HOLLAND SE : Trying to acquire its Swedish peer Haldex AB again

>Cash offer of SEK 66/share announced - SFQ announced a cash offer to acquire all issued and outstanding shares in Haldex for SEK 66 per share (equivalent to € 6.30 per share at the exchange rate on 7 June 2022), which corresponds to a total offer value of ~SEK 3.21bn (~€ 307m). The offer price represents a premium of ~47% to Haldex’s closing price yesterday. The deal will first of all be financed using SFQ’s balance sheet (ND/EBITDA may rise to >3x at closing), but S...
Underlying
SAF-HOLLAND SE

Provider
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.

Analysts
Klaus Ringel

Michael Foundoukidis

ResearchPool Subscriptions

Get the most out of your insights

Get in touch