PAINTING BY NUMBERS - QMG data positive on Sherwin Williams/Valspar deal

Sherwin-Williams (SHW US) announced a $9.3bn acquisition of rival pain maker Valspar (VAL US). In addition to acquisition cost, SHW will assume $2bn of debt and the $113/share all cash offer represents a 41% premium to 30-day average VAR share price. Good news if you owned VAL – which was not represented in QMG ‘Best Ideas’ portfolio! But what about if you own SHW? Outside of valuation (which QMG does not offer any comment), our analysis highlights positive momentum across the major products to which SHW and VAL are exposed. In effect, our analysis suggests strong fundamental support for this deal... QMG Subscribers can access the full report here: (VIEW LINK)


QMG provides insights into global markets that traditional research does not and has an innovative and data-driven approach as its foundation. The unique model we use analyses large quantities of information and produces monthly observations...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.