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ACCESS GROUP EXPANDS ITS SHARE IN HEALTH SECTOR

+3
Pora
troy
samaritan
7 posters

Go down  Message [Page 1 of 1]

samaritan


Moderator
Moderator

Access Group buys 70% stake in NInewells Hospital.

http://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20160113/281981786582975/TextView

troy

troy
Moderator
Moderator

I was expecting this news and I hinted in one of my posts. So I have reshaped my portfolio to capture the upside. As mentioned in my previous post now Im filled with

HWPR
AEL
HDFC

Collect AEL at 22-24 level and wait till this reach 30.

Pora


Equity Analytic
Equity Analytic

Is it AEL or Access Group? There are many companies in the group apart from AEL...

troy

troy
Moderator
Moderator

AEL is the holding company rite??? so doesn't matter...

Pora


Equity Analytic
Equity Analytic

I don't think AEL owns Access International ( the company that bought Ninewells). If it concerns AEL shouldn't they make an announcement to CSE??

karuna


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Mata nam access jkh waga guu godawal balanath naa buy karannath naa


Balapalako api promote karanna shares yanna yaama

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

As per Access Engineering PLC web site they have only two subsidiaries:

♦ Access Realties Pvt. Limited 100% ( + AR2 pvt Ltd)
♦ Sathosa Motors PLC 84%

slequityanalyst


Manager - Equity Analytics
Manager - Equity Analytics

I don't think the benefits of that acquisition will come to AEL as the acquisition was done through a private entity. 

Hence, there is no impact on AEL's value of this acquistion.

w.p.c.s.bandara


Equity Analytic
Equity Analytic

Wait some time then you will know how it is

slequityanalyst


Manager - Equity Analytics
Manager - Equity Analytics

Now the cat is out of the bag officially/publicly. Glad that I didnt ill-advised the forum members. 

Have a look at below article. 

http://www.ft.lk/article/533389/Access-Group-enters-healthcare-industry--acquires-Ninewells-Hospital

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