(Bloomberg) -- Delays in financing the takeover of
Alliance Boots Plc have placed a ``moratorium on large-scale
leveraged buyouts'' that may weigh on European stocks, according
to a UBS AG strategist.
Shares of companies that have benefited from bid
speculation, including Adidas AG, Smith & Nephew Plc and Reed
Elsevier Plc, ``are less likely to retain a private equity''
support to their valuations, Daniel Stillit, London-based market
analyst at UBS, wrote in a report today. All three stocks have
risen at least 13 percent this year.
Read more at Bloomberg Bonds News
Alliance Boots Plc have placed a ``moratorium on large-scale
leveraged buyouts'' that may weigh on European stocks, according
to a UBS AG strategist.
Shares of companies that have benefited from bid
speculation, including Adidas AG, Smith & Nephew Plc and Reed
Elsevier Plc, ``are less likely to retain a private equity''
support to their valuations, Daniel Stillit, London-based market
analyst at UBS, wrote in a report today. All three stocks have
risen at least 13 percent this year.
Read more at Bloomberg Bonds News
No comments:
Post a Comment