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DewDiligence

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DewDiligence

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Re: DewDiligence post# 245388

Wednesday, 05/03/2023 10:35:02 AM

Wednesday, May 03, 2023 10:35:02 AM

Post# of 257473
PFE will_start monetizing ~$12.5B HLN stake in_the_next_few_months, according to CFO:

https://www.ft.com/content/ec441144-52ae-4fa2-8a04-4238db0ee504

Monetizing its HLN stake is consistent with what PFE said on the 1Q23 CC about being nearly done with large M&A transactions and re-focusing on returning cash to shareholders (#msg-171820737).

p.s. PFE’s 32% stake in HLN has increased in market value since HLN's IPO. (In #msg-171147993, I posited a value of ~$10B.)

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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