GXL 0.00% $5.54 greencross limited

Mars have no interest in Vet in Australia. I have actually sat...

  1. 200 Posts.
    lightbulb Created with Sketch. 1
    Mars have no interest in Vet in Australia.
    I have actually sat in a conference with the CEO of VCA and my understanding is they are not interested outside of the USA.
    Also, ignore what Mars paid for VCA . Lots of synergies that are not priced in.
    I’m not sure anyone will buy GXL. I think any PE wanting to buy vet clinics would just start aggregating existing vets at 5x ebitda rather than overpay for what seems like a pool of distressed assets at a premium.
 
watchlist Created with Sketch. Add GXL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.