BCE Bid Implies Upside For KPN, BT

Pension funds and private equity are performing an LBO at BCE (BCE).

Its valuation, 7.8 times EBITDA over the trailing twelve months, implies an equivalent bid level of EUR 14.93 at KPN (KPN) (a 21% upside) and GBP 438 (a 31% premium) for BT Group (BT).

Check out the underlying calculations:

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