ever there was a time for Husky to consider going private

Saturday, July 18th, 2015 | Uncategorized

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Cheap Jerseys from china He retired as head of CK Hutchison and CK Asset Holdings Ltd. Last year and handed over the reins to his eldest son Victor Li.Husky Energy’s offices in Calgary.The slump in the company share price has drawn RBC Capital Markets analysts led by Greg Pardy to contemplate whether the company should consider going private to capture the gap between its market value and its underlying value, and so it can make the right moves without market scrutiny.ever there was a time for Husky to consider going private, we believe it is now, Pardy said in a research report published Monday.Easy Task?While the possibility of taking Husky private, which is about 69 per cent owned by Li, would make sense, Husky lower free cash flow level compared with its peers may not make this a simple task, according to Canoe Financial senior portfolio manager Rafi Tahmazian. He added that Asian mogul Li would have to fork out cash over the next few years to meet capital commitments should he decide to take the company private.If ever there was a time for Husky to consider going private, we believe it is now,RBC Capital Markets analyst Greg PardyHusky is a part of the growing list of energy companies that analysts are pitching the idea of going private. Cheap Jerseys from china


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