Wednesday, February 28, 2018

Google Alert - discount deal

Google
discount deal
As-it-happens update February 28, 2018
NEWS
If there ever was a sure thing that a deal is going to get done before a deadline, this is it. The other lingering question is exactly what the new contract will look like. While many fans want to see Brees take a hometown discount like, say, Tom Brady does in New England that's unlikely to happen. Brees ...
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The fall in Hammerson shares was because the deal would increase its exposure to UK retail, which is in structural decline because of the rise of ... the properties and the REITs themselves are trading at a substantial discount to the net asset value (NAV) calculated from these subdued valuations.
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The leisure group sold half its property empire for 4.4 bln euros. The low price and a cut on the fees it earns to manage the hotels suggests its partners got the better deal. A buyback will keep investors sweet, but leave less firepower to fend off competitors like Airbnb.
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