I am not able to understand the spike... if BAL is taken over by the Chinese then their pending SAMR would be given sooner right? which would not be good news for ATM.. can anyone please explain?
Last edited by carrom74; 16-09-2019 at 10:35 AM.
Reason: Spell check
I am not able to understand the spike... if BAL is taken over by the Chinese then their pending SAMR would be given sooner right? which would not be good news for ATM.. can anyone please explain?
It shows there is an appetite for buying out IF companies in this part of the world. Plus the price, they’re bidding for BAL at a high earnings multiple when the companies’ growing at snail pace compared to ATM.
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