Osmium have 19.1 percent of NZME at this stage . No further disclosures from them regarding Yesterdays large purchases of Sky shares… so far. If they keep buying till just under 20 percent which is the max I understand they can own before they must issue takeover. So is this the start of something much bigger and what synergies would there be if both company’s were taken over?
Osmium have 19.1 percent of NZME at this stage . No further disclosures from them regarding Yesterdays large purchases of Sky shares… so far. If they keep buying till just under 20 percent which is the max I understand they can own before they must issue takeover. So is this the start of something much bigger and what synergies would there be if both company’s were taken over?
NZME merger could make sense if the strategy is to expand their reach as a straight media play with wholesale broadband deals (rather than become a telco, which they clearly have no appetite for).
NZME pumps out generous cash flows too…
I personally still think telco would realise much more value long term, but NZME is not a completely bonkers idea either.
I don’t think we can infer from Osmium’s investment in sky that there is any grand merger plan here though.
Buybacks and divvy’s the most likely way forward imo.
NZME merger could make sense if the strategy is to expand their reach as a straight media play with wholesale broadband deals (rather than become a telco, which they clearly have no appetite for).
NZME pumps out generous cash flows too…
I personally still think telco would realise much more value long term, but NZME is not a completely bonkers idea either.
I don’t think we can infer from Osmium’s investment in sky that there is any grand merger plan here though.
Buybacks and divvy’s the most likely way forward imo.
Mike Hoskings on SKY would be a hit
And I wish the media would use a different photo of Sophie ….the one they use is so yuck
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Osmium have 19.1 percent of NZME at this stage . No further disclosures from them regarding Yesterdays large purchases of Sky shares… so far. If they keep buying till just under 20 percent which is the max I understand they can own before they must issue takeover. So is this the start of something much bigger and what synergies would there be if both company’s were taken over?
Osmium has less than US$200m of AUM. Doubt they will be involved in any takeover activity - initiate via their strategic shareholding maybe.
Originally Posted by jimdog31
Reply With Quote
Bookmarks