瑞银：出售百佳对长和(00001)盈利及估值影响有限评级“买入”_老虎社区_美港股上老虎

瑞银：出售百佳对长和(00001)盈利及估值影响有限评级“买入”

智通财经04-21

智通财经APP获悉，瑞银发布研报称，据报怡和正与长和(00001)商讨收购其百佳超级市场业务，并计划与旗下DFI零售集团辖下惠康合并。该行估算，参考同业约9倍的企业价值倍数(EV/EBITDA)，百佳估值或介乎2亿至3亿美元。对于长和而言，百佳所属的“其他零售”业务去年仅贡献1.67亿港元的EBITDA，占整体零售业务总额不足1%，反映剥离该业务对其盈利或估值的影响有限。目前该行予长和目标价67...

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