15 Mar SCORPEO Analytics expertise cited by Bloomberg News
Posted at 12:31h in Scorpeo Live
“This time delay introduces Zodiac performance risk. Zodiac quarterly sales (post-close 14 March 2017) and H1 results (pre-open 20 April 2017) could continue to disappoint. With 10 consecutive profit warnings over the last two years from Zodiac a further two would both lower the assumed price on deal break / will widen spread to cash terms, and add validity to TCI’s point that Safran are over-paying.”
Click below to read the full article from Bloomberg.