ION's strategy of debt-fueled takeovers continues with the U...
ION's strategy of debt-fueled takeovers continues with the UBS loan potentially financing the entire Prelios deal. However, rising rates have made ION's liabilities pricier, with interest payments nearly 40% of its 2023 revenue.
UBS Agreed Up to €700 Million Loan for ION's Equity in Prelios
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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