We have
analyzed the Minerva plc situation, which on 17-Nov-09 received an unsolicited
50p or £84.5m cash offer from Kifin Limited, Minerva's 29.9% shareholder. Given the
developments for Minerva in the last 12 months, we believe the offer is highly
opportunistic . We have looked at the bid history, the upside and possible
drawdown for the Minerva investment case, and believe Minerva's current share
price represents a buying opportunity for this smaller capitalized company, which might be off the radar for most special situation investors. For full analysis of the situation,
please access the Panta Client Section.
Panta Capital's Idea Sample Blog is designed to share a limited sample of what Panta Capital considers as attractive event driven and special situation investment ideas & insights. Please contact us to gain access to the PANTA CLIENT SECTION, where you will gain full access to all attractive European and North-American situations and analyses.
Panta Capital's Idea Sample Blog is designed to share a limited sample of what Panta Capital considers as attractive event driven and special situation investment ideas & insights. Please contact us to gain access to the PANTA CLIENT SECTION, where you will gain full access to all attractive European and North-American situations and analyses.
