Post by
SwissBanker96 on Jun 01, 2021 4:22am
Private equity as the most likely alternative bidder
The disclosure may bring financial buyers into the arena, according to Canadian Imperial Bank of Commerce analyst Stephanie Price. “We see private equity as the most likely alternative bidder,” Price wrote in a note. Dye & Durham could take on “much more leverage as a private company than the public markets would be comfortable with,” she said.