EOS, which is due to drop out of the top 300 index next week, announced on Thursday morning that it was undertaking a strategic review to consider all funding and strategic options.
“The board believes that the company has attractive future prospects and is undervalued at the current market valuation, the strategic review will seek to maximise value for EOS shareholders,” EOS’ directors said in a statement to shareholders.It’s the first time Greenhill’s been spotted in the defence and space systems company’s camp.
It comes as EOS shares have more than halved in the past 12 months, with investors concerned about the group’s ability to finance its SpaceLink satellites program and cash collection. EOS previously said it needed about $US700 million to fund SpaceLink, including about $US300 million in debt/project finance and $US400 million equity.
It is considering spinning off and listing SpaceLink or selling a stake to private equity, as part of the funding deliberations.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
ASX to jump; Fed raises rates; US stocks rallyAustralian blue chips to follow US shares higher; Federal Reserve increases cash rate 25 basis points; Fed chairman powell upbeat on US economy.
출처: FinancialReview - 🏆 2. / 90 더 많은 것을 읽으십시오 »