While the $ 2.36 per share offer only implies a «small» 15 per cent takeover premium to Deutsche's $ 2.05 price target, the research team points to «recent operational risks in the hospital portfolio, the execution risks of the Northern Beaches greenfield project and our lower revenue growth outlook for the private hospital industry.» (afr.com)
I suspect there's a potential takeover premium embedded in the price — considering the Holcim - Lafarge merger news, we may be on the verge of a new wave of consolidation. (wexboy.wordpress.com)
«Our offer is highly attractive, it represents more than a 100 per cent takeover premium, and could eventually represent even more as our offer price increases when we reach 50 per cent, 75 per cent and 90 per cent.» (afr.com)