Telstra's Digicel Pacific Acquisition Looks Compelling -- Market Talk
Telstra's Digicel Pacific Acquisition Looks Compelling -- Market Talk
0030 GMT - The structure of Telstra's acquisition of Digicel Pacific makes for a compelling risk-to-reward ratio for the Australian telecommunications provider, Morgans says. The broker says the financial structure of the deal is smarter than it had anticipated since it effectively guarantees Telstra a six-year payback on its US$270 million investment and positions the Australian government as insurer. Morgans views the acquisition as 3.5% accretive to EPS, helping drive a 2.5% increase in its target price to A$4.55. It maintains an add rating on the stock, which is up 0.3% at A$3.82. (stuart.condie@wsj.com; @StuartLCondie)
0030GMT-摩根表示，澳洲電信(Telstra)收購Digicel Pacific的結構為這家澳大利亞電信提供商提供了令人信服的風險回報比。該經紀商表示，這筆交易的財務結構比它預期的要聰明，因為它實際上保證了澳洲電信2.7億美元投資的6年回報，並將澳大利亞政府定位為保險公司。摩根認為，此次收購將使每股收益增加3.5%，幫助推動其目標價上調2.5%，至4.55澳元。該公司維持對該股的增持評級，該股上漲0.3%，至3.82澳元。(stuart.Condie@wsj.com；@StuartLCondie)
譯文內容由第三人軟體翻譯。