Dona Ferentes
Abrió la caja, vio al gatito, y sonrió
- Joined
- 11 January 2016
- Posts
- 15,705
- Reactions
- 21,410
been a bit of a horrorshow , and a big debt overhang
from The Oz
Lifestyle Communities remains on watch for a buyout or an emergency equity raising. Some observers have suggested that the group, with $320m of net debt, may have to tap the market to boost its balance sheet.
Yet Lifestyle Communities says it has no plans to raise equity, and there are analysts that agree.
Others believe it’s more likely that a rival capitalises on its weakness and launches a bid for the company.
The deal that makes the most sense, observers say, is a purchase of Lifestyle Communities by the $1.9bn listed rival Ingenia Communities Group, which could use its own shares to pay for the business.
David Di Pilla’s HMC Capital owns major stakes in both stocks.
Ingenia’s $1bn holiday parks business could be sold to fund a deal to buy its rival....
from The Oz
Lifestyle Communities remains on watch for a buyout or an emergency equity raising. Some observers have suggested that the group, with $320m of net debt, may have to tap the market to boost its balance sheet.
Yet Lifestyle Communities says it has no plans to raise equity, and there are analysts that agree.
Others believe it’s more likely that a rival capitalises on its weakness and launches a bid for the company.
The deal that makes the most sense, observers say, is a purchase of Lifestyle Communities by the $1.9bn listed rival Ingenia Communities Group, which could use its own shares to pay for the business.
David Di Pilla’s HMC Capital owns major stakes in both stocks.
Ingenia’s $1bn holiday parks business could be sold to fund a deal to buy its rival....
