InfraCom: Cashing in on Telia’s bid for Bredband2 - Redeye

Following Telia’s bid for Bredband2 at SEK3.25 per share, InfraCom has agreed to tender its shares. The deal, if completed, represents a significant windfall for the company, yielding net cash proceeds of SEK178.5m. Redeye calculate this outcome generates a gross return of 80% and a remarkable net return of 220% from a highly lucrative investment initiated in Q1 2024. Treating the transaction as a fait accompli for valuation purposes, Redeye adjust its valuation range for the net proceeds. Redeye raises its fair value range for InfraCom to SEK24–52 and establish a new Base Case of SEK38.

Länk till analysen i sin helhet: https://www.redeye.se/research/1119411/infracom-cashing-in-on-telias-bid-for-bredband2?utm_source=finwire&utm_medium=RSS