Hints and tips:
...Discover’s stock is trading at a roughly 15 per cent discount to the all-stock deal price, reflecting investor doubts about the acquisition....
...Controversy has focused on the way the lump sum has been calculated, using a discount rate and life expectancy tables that some retirees argued were designed to lowball the payouts so that current partners...
...People familiar with the retirees’ dispute said it centred on a discount rate being used to calculate the lifetime value of the partners’ retirement benefit....
...“The discount rate on that is infinite.”...
...The deals typically allow the lender to convert into shares at a time of their choosing and at a set discount to the market price....
...The trading discount also makes them potential takeover targets....
...Jana could very well push Cannae to take itself private and capture the value of that discount....
...The deal would probably value the group at a discount to its “own funds”, according to one market insider, referring to a measure of shareholder equity that was £6bn on an adjusted basis at the end of June...
...Volume discounts are one tactic that the UK authorities have singled out for scrutiny, though they admit it will be hard to outlaw price breaks without hurting customers....
...While shares in Pershing Square Holdings were up more than 30 per cent last year, the fund still trades at a significant discount to net asset value....
...Using a present-value discount rate as specified in the MLB collective bargaining agreement with players, the value of Ohtani’s decade-long playing contract for calculating the Dodgers’ payroll is just $460mn...
...DD subscribers get a special discount....
...consumer and internet at Singapore-based Aletheia Capital, said “a battle for the spoils” was beginning, as “various parts of the business could be sold to people who are interested in buying an asset at a discount...
...filings, VinFast and Black Spade alighted on the $23bn equity valuation by taking the forecast 2023 price-to-revenue multiple of EV maker Lucid Group, reducing it by 18 per cent to reflect a “new issue discount...
...GIC disposed of its holding of roughly $300mn at a discount, leaving the Singaporean fund with a loss on its investment, the people said....
...To ensure the longer-term security of its business, Schonfeld has recently been offering clients a fee discount in return for new terms under which it would take them as long as two years to withdraw all...
...That marked a sharp discount on the $1.2bn valuation given by alternative asset manager GEM in a fundraising agreed late last month....
...The loan will pay roughly 7.25 percentage points above the benchmark interest rate and was offered at a slight discount to par....
...During the two-year battle with the UK’s Competition and Markets Authority, gifs themselves were already falling out of fashion, which explains why it’s selling the asset at a huge discount....
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...THG’s straitened circumstances must frustrate shareholders because the group trades at an eye-popping discount to the sum of its parts....
...it intended to make a firm offer.Apollo’s decision highlights the difficulties private equity firms face when seeking to delist public companies even as many London-listed groups suffer from a trading discount...
...If it were valued at 12 times ebitda — a discount to UK-listed Entain and highly rated Flutter — it might be worth €3.3bn....
...Their 2023 buyouts were at sharp discounts to their initial public offering prices. Neither have yet managed to turn a serious profit....
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