Opus Group: Less chance of a sweetened bid
Research Update
2020-05-18
15:41
Redeye is lowering its forecasts and valuation for Opus in the wake of Covid-19. The company’s operations are impacted in multiple countries, and the financial market turbulence has reduced investor risk appetite. We are no longer sure that Searchlight will make a new bid above the one that expired in February (SEK 8.50). (This is an English translation of our update published earlier on May 18, 2020).
HA
VW
Henrik Alveskog
Viktor Westman
Disclosures and disclaimers