|Bid||9.26 x 733200|
|Ask||9.30 x 51300|
|Day's Range||9.25 - 9.25|
|52 Week Range||7.25 - 9.45|
|Beta (3Y Monthly)||0.16|
|PE Ratio (TTM)||32.12|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.53|
New Zealand's top online marketplace Trade Me Group said it has received a NZ$2.56 billion ($1.8 billion) buyout proposal from a U.S. private-equity firm, trumping a rival offer and setting the stage for a possible bidding war. The offer adds to a flurry of deals made this year in Australia and New Zealand - attractive for private-equity firms given their stable and advanced economies that offer a steady cash flow amid a global financial market rout. California-based Hellman & Friedman offered NZ$6.45 per share for Trade Me, or NZ$0.05 higher than an offer London-based private equity group Apax Partners made last month.
When Restaurant Brands New Zealand Limited (NZSE:RBD) released its most recent earnings update (26 February 2018), I wanted to understand how these figures stacked up against its past performance. The Read More...
Restaurant Brands New Zealand Ltd, operator of KFC and Pizza Hut franchises, said it was in takeover talks with Mexico-based Finaccess Capital which made a $578 million bid for a controlling stake, sending its shares to record highs. Finaccess Capital, S.A. de C.V., an investment firm, offered NZ$9.45 ($6.18) per share for up to three quarters of Restaurant Brands, which represents a premium of about 24.3 percent to the last closing price.