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0.000363658263149748 -0.000398402683195594 -0.00040303527253518 -0.000176038394900286 0.00309456967877639 0.00461405898212749 0.00329840360971377 0.0039654964745997
Stock impact report

Aspen Shares Surge on $1.6 Billion Asia-Pacific Asset Sale [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
the company said it plans to sell its Asia-Pacific assets excluding China for 26.5 billion rand, or about $1.6 billion. The announcement triggered a 21% jump in the shares, the biggest one-day gain since January 2000, helping narrow the stock's decline this year to 31%, according to data cited by Bloomberg and the JSE. The move came as investors reassessed the balance-sheet impact and strategic reset implied by the transaction. Warning! GuruFocus has detected 7 Warning Signs with APNHY. Is APNHY fairly valued? Test your thesis with our free DCF calculator. The assets in Australia, Hong Kong, Malaysia, Taiwan, and the Philippines are set to be sold to BGH Capital, with Aspen saying the deal represents an enterprise value of roughly 11 times normalized earnings before interest, tax, depreciation and amortization reported in 2025. Management noted the offer was unsolicited, but the board viewed it as an opportunity to realize what it described as compelling value for the Asia-Pacif Show less Read more
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