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Kenon Holdings: Decent NAV Discount, But Underlying Is Expensive [Seeking Alpha]
Kenon Holdings Ltd. Ordinary Shares (KEN)
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Source: Seeking Alpha
US:NYSE Investor Relations: kenon-holdings.com/investor-relations.aspx
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KEN trades at a 37% discount to OPC's NAV, which is decent but depends on a high multiple for the underlying, in our view. A potential $315 million arbitration award
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