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  5. PRL: It can be irritating to see bought deals but in this case it seems to be immediately accretive What is your take on the deal Propel to Accelerate Global Expansion with the Acquisition of QuidMarket... [Propel Holdings Inc.]

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Q: It can be irritating to see bought deals but in this case it seems to be immediately accretive
What is your take on the deal

Propel to Accelerate Global Expansion with the Acquisition of QuidMarket for US$71 Million and Announces Concurrent C$100 Million Bought Deal Offering of Subscription Receipts
Asked by Leon on September 26, 2024
5i Research Answer:
Raising capital is one (if not the main) reasons to be public in the first place, so it is going...
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