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SARRIA - Credit Opportunities
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Stada - comment

Buying a generics business for €3bn seems a stretch unless Bain is willing to put a lot of equity into the deal. The new issue market is thawing, but the timeline would require a hard sell. A joint bid or a separate vehicle (to be merged later) seems more attainable given current market conditions.

https://au.finance.yahoo.com/news/advent-cvc-among-suitors-3-174248602.html 

Aengus McMahon13 February 2023STADA
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United - comment

Aengus McMahon13 February 2023UNITED
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Morrisons - comment

Aengus McMahon13 February 2023MORRISONS
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