Addison Lee

Maybank downgrades ComfortDelGro in contrarian call over Addison Lee acquisition worries - THE EDGE SINGAPORE

Broker's Calls

Maybank downgrades ComfortDelGro in contrarian call over Addison Lee acquisition worries

ComfortDelGro will move from a net cash to net debt position following the completion of the acquisition of Addison Lee

Broker's Calls

RHB ups CDG’s TP to $1.70 following accretive acquisition of UK taxi business

Based on analyst Shekhar Jaiswal's calculations, the acquisition is accretive to CDG’s FY2025 earnings by 6% to 7% based on the cost of debt to fund the move.
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