WELL - initial thoughtsif this closes, i think a HUGE benefit to CRH is WELL's ability to tap the capital markets and investors like Li Ka Shing
CRH always had a slow and steady acquisition strategy using its own FCF and a cheap credit line that was constrained by covenants.
now that they have a much biggest company behind it, i think this gives CRH the ability to do a monster acquisition with a combo of a capital raise by WELL, investment by Li Ka Shing, and debt finacing. something like a huge portfolio purchase at once. this would be immediately accretive to EBITDA.
i'm in on WELL and look forward to seeing CRH's contribution!