Professional
Added to YB: 2024-03-22
Pitch date: 2024-03-20
0906.HK [bullish]
CPMC Holdings Limited
+2.59%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
CPMC Holdings Limited, an investment holding company, manufactures and sells packaging products for various consumer goods in the People’s Republic of China.
Market Cap
HKD 7.0B
Pitch Price
HKD 6.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.33
P/E
14.85
EV/Sales
1.01
Sector
Containers and Packaging
Category
special_situation
Potential Synergies in the CPMC Takeover Battle
0906.HK: Takeover battle brewing as state-backed ORG Technology and Baowu vie for control. Merger would create undisputed leader in Chinese can market with synergies. CPMC at 12.9x TTM EBIT (10x w/ cost cuts), in-line with ORG. Board shakeup signals new bid imminent.
Read full article (1 min)