Post by
thedave2006 on May 09, 2016 3:07pm
back to before
rumours of blackstone......mmmmm.
Comment by
puma1 on May 09, 2016 3:10pm
big Bloomberg interview with the Blackstone CEO - linked to it from Andy McCreath. t heir target - 10% unlevered is the baseline and CXR has an unlevered EBITDA of $625 m plus. they said doing $5 b deals is a good fit.
Comment by
visionaryfool on May 09, 2016 3:13pm
I really hope its not $5.0B EV :(. That' would put the CAD price at something like $40..... by my rough calculations. We need it at $6.0B or higher IMO.
Comment by
puma1 on May 09, 2016 3:23pm
well 10% on that ebitda would take it to the $US 6 billion - $US 50 a share after backing out rough debt.