Percentage sale vs MBO30 Jul 2023 20:23
Hi all,
Short of something being spun off into KLSO, I would much rather see a 10-20% sale of a division to someone, such a coca Cola investing into Nutrition than an outright MBO/PE sale.
We keep our shares, value is unlocked in that THG get a cash influx, possibly a small special div? And also a valuation being placed on a division.
Perhaps 20% of Nutrition sold at £500 million. Showing the city a huge GLOBAL FMCG values that division @ £2.5bn for example
Does anyone see something like this as a possibility?
Would that aid a re-rate having that figure set in stone?
(These are purely fresh air figures for a visual example to aid the point for discussion)