ALTEN : Invest Securities in favor of WorldGrid takeover
' Although the price paid is high, the operation should nevertheless be slightly accretive (+2% to +4% on the 2025th NAV) and, above all, Alten is positioning itself alongside EDF to capture the strong prospects for nuclear power over the next 20 years', says Invest Securities.
While we consider the integration risk to be limited, given the track record of Alten's management, we welcome this transaction," adds the research firm.
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