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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » NDB UBC merger

NDB UBC merger

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1NDB UBC merger Empty NDB UBC merger Thu Aug 22, 2013 10:42 am

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
On the above news, both have quickly dismissed any possible talks.
But, NDB statement sense some grounds
I guess talks are going and it will be a good catch if it comes at better price
A strategic fit in NDB's core strength in investment banking too

if anyone knows anything more, floor is open here

2NDB UBC merger Empty Re: NDB UBC merger Thu Aug 22, 2013 12:30 pm

dudi


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
there were a lot of buying yesterday for UBC with the hope that the merger will come about.but now for those buyers it is disappointing

3NDB UBC merger Empty Re: NDB UBC merger Thu Aug 22, 2013 12:59 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
What does UBC own which NDB wants?

National Asset Management Lanka

4NDB UBC merger Empty Re: NDB UBC merger Thu Aug 22, 2013 3:54 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
@rainmaker,

That's what I indicated as strategic fit in core strength in Investment banking cluster

5NDB UBC merger Empty Re: NDB UBC merger Fri Aug 23, 2013 2:37 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Just dont give figures where X will move to this and Y will move to this if any of u dont understand what this means pls..

6NDB UBC merger Empty Re: NDB UBC merger Fri Aug 23, 2013 7:19 am

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
tell me straight guys. Now what should we buy?? NDB or UBC??? How much price increase can we expect

7NDB UBC merger Empty Re: NDB UBC merger Fri Aug 23, 2013 9:09 am

Balanced_Views


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@indi009 wrote:tell me straight guys. Now what should we buy?? NDB or UBC??? How much price increase can we expect
UBC should go up significantly in the short term if it goes through (since the price they are negotiating is 22-24 and it is currently trading at 17, NDB in the long term (if they turn UBC into a very profitable organization)

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