RE: Unilever takeover18 Jul 2022 16:24
h69
''What I can’t understand is why they didn’t sell to Unilever for 50 billion when HALEON is only worth 30-33 billion?''
Te GSK board thought it undervalued the business.
That was £50 billion enterprise value - there is £10 Billion debt on the books.
So that, very roughly would be equivalent of Unilever making a bid now at about 410p. Would the Haleon BOD be happy to sell out at that level?