UBS Neutral on D&S After Bid

UBS Neutral on D&S After Bid

Chile

UBS Pactual has given a neutral rating to DyS stock after Wal-Mart announced plans to acquire the company for about CLP259.4 per share, or $2.8bn. UBS believes that “revenue expansion is the most significant challenge for DyS . . . as penetration of supermarkets in Chile is high [and] non-organic expansion plans for the largest players appear limited by the country’s antitrust authorities and competition is very strong.” The shop also says DyS faces the challenge of expanding internationally

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial