Sleep Cycle: Board of Directors of Sleep Cycle recommend the shareholders to not accept the public cash offer - Redeye

Sleep Cycle’s share has traded above the cash offer of SEK42.50, suggesting that the market has expected the deal not to close at current terms. Now, the Board of Directors of Sleep Cycle unanimously recommends the shareholders not accept the public cash offer by Velvet Cichlid. "Following an overall assessment, the Board is of the opinion that the Offer does not reflect Sleep Cycle's growth potential and fundamental value." Redeye comments on the news. Our base case is SEK55.

Länk till analysen i sin helhet: https://www.redeye.se/research/869898/sleep-cycle-board-of-directors-of-sleep-cycle-recommend-the-shareholders-to-not-accept-the-public-cash-offer?utm_source=finwire&utm_medium=RSS