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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Post by newsimon1707on Aug 29, 2017 9:57pm
108 Views
Post# 26635235

INFO FOR BRUCE... THIS IS HOW YOU INK A DEAL

INFO FOR BRUCE... THIS IS HOW YOU INK A DEAL
I know scale of this deal has nothing to do with ours... but look at what they did, and you should have done the same thing... I don't care that there is no money in our deal, it's pretty normal... but look how the real guys price the shares they got in exchange!  Not like you sold us... for a price that FCC artificially traded for 5 minutes! They will use the value of the 10 previous days before the signing! Not 2-3 days after the LOI is announce publicly! THIS DOESN'T MAKE SENS! 

And now, your friends at FCC are making you look foolish by not even maintaining the SP they pumped! 

Toromont Industries Ltd. (TSX:TIH), a diversified industrials company providing specialized capital equipment and ongoing support to customers in various sectors, today announced that it has entered into a definitive agreement to acquire the businesses and net operating assets1 of the Hewitt Group of companies in exchange for consideration of $917.7 million cash plus the issuance of 2.25 million Toromont shares (nominally $100 million based on 10 day average share price as at signing) for a total consideration of $1.0177 billion.
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