SAB agree in principle to 4400p in cash from ABI BB.
Subject to the offer becoming firm we see it closing in around 9 months.
We see it trading around 4400p until closing.
Closing trade and booking +12.46%
Monday • 21 September 2015 • 10:107
I think it will be about 43 for a friendly deal to get done so should trade around 39 ish…
Definitely worth keeping some/being long via options or cash…Some decent upside still.
Looking for 8-10%return.