{"id":1510,"date":"2026-08-28T16:02:45","date_gmt":"2026-08-28T08:02:45","guid":{"rendered":"https:\/\/www.szjfhs.cn\/?p=1510"},"modified":"2026-08-28T16:02:45","modified_gmt":"2026-08-28T08:02:45","slug":"skycity-entertainment-odmita-dve-nabidky-prevzeti-jako-podhodnocene","status":"publish","type":"post","link":"https:\/\/www.szjfhs.cn\/?p=1510","title":{"rendered":"SkyCity Entertainment odm\u00edt\u00e1 dv\u011b nab\u00eddky p\u0159evzet\u00ed jako podhodnocen\u00e9"},"content":{"rendered":"<h2>Dv\u011b nab\u00eddky, dv\u011b odm\u00edtnut\u00ed<\/h2>\n<p>Novoz\u00e9landsk\u00fd oper\u00e1tor kasin <strong>SkyCity Entertainment Group<\/strong> odhalil, \u017ee odm\u00edtl dv\u011b nab\u00eddky p\u0159evzet\u00ed, kter\u00e9 podhodnotily firmu a obsahovaly \u201eproblematick\u00e9&#34; podm\u00ednky. Spole\u010dnost vystoupila s prohl\u00e1\u0161en\u00edm v reakci na medi\u00e1ln\u00ed spekulace t\u00fdkaj\u00edc\u00ed se jedn\u00e1n\u00ed s americkou firmou private equity <strong>Oaktree Capital<\/strong>.<\/p>\n<p>SkyCity obdr\u017eel dv\u011b nevy\u017e\u00e1dan\u00e9, nez\u00e1vazn\u00e9 n\u00e1vrhy p\u0159evzet\u00ed v kv\u011btnu 2026. Prvn\u00ed nab\u00eddka poch\u00e1zela od fond\u016f spravovan\u00fdch Oaktree Capital Management a t\u00fdkala se akvizice v\u0161ech vydan\u00fdch akci\u00ed SkyCity za indikativn\u00ed cenu <strong>NZ$0,70 za akcii v hotovosti<\/strong>. Druh\u00e1 nab\u00eddka p\u0159i\u0161la od nejmenovan\u00e9ho subjektu za implikovanou cenu <strong>NZ$0,75 za akcii v hotovosti<\/strong>.<\/p>\n<ul>\n<li><strong>Prvn\u00ed nab\u00eddka<\/strong> \u2014 Oaktree Capital, NZ$0,70\/akcii<\/li>\n<li><strong>Druh\u00e1 nab\u00eddka<\/strong> \u2014 nejmenovan\u00fd subjekt, NZ$0,75\/akcii<\/li>\n<li><strong>Podm\u00ednky<\/strong> \u2014 minim\u00e1ln\u011b 8 t\u00fddn\u016f due diligence, financov\u00e1n\u00ed dluhem, jednomysln\u00e1 podpora veden\u00ed<\/li>\n<li><strong>Rozhodnut\u00ed<\/strong> \u2014 veden\u00ed jednomysln\u011b odm\u00edtlo ob\u011b nab\u00eddky<\/li>\n<\/ul>\n<h2>Probl\u00e9mov\u00e9 podm\u00ednky<\/h2>\n<p>Ob\u011b n\u00e1vrhy byly podm\u00edn\u011bny \u0159adou podm\u00ednek, v\u010detn\u011b obdob\u00ed due diligence trvaj\u00edc\u00edho nejm\u00e9n\u011b 8 t\u00fddn\u016f, zaji\u0161t\u011bn\u00ed financov\u00e1n\u00ed dluhem, dohody na struktu\u0159e transakce, vyjedn\u00e1n\u00ed z\u00e1vazn\u00e9 dokumentace, jednomysln\u00e9 podpory veden\u00ed SkyCity, schv\u00e1len\u00ed akcion\u00e1\u0159i, z\u00edsk\u00e1n\u00ed regula\u010dn\u00edch souhlas\u016f a intern\u00edch schv\u00e1len\u00ed kupce.<\/p>\n<p>SkyCity bylo rovn\u011b\u017e po\u017e\u00e1d\u00e1no jednou nebo ob\u011bma stranami, aby neuzav\u00edralo \u017e\u00e1dn\u00e9 z\u00e1vazn\u00e9 dohody o akvizici nebo prodeji aktiv, poskytlo v\u00fdlu\u010dnost a udr\u017eelo sv\u00e9 st\u00e1vaj\u00edc\u00ed \u00fav\u011brov\u00e9 facility. Veden\u00ed SkyCity shledalo tyto podm\u00ednky \u201eproblematick\u00e9&#34; a konstatovalo, \u017ee n\u00e1vrhy adekv\u00e1tn\u011b neodr\u00e1\u017eej\u00ed vnit\u0159n\u00ed hodnotu spole\u010dnosti.<\/p>\n<h2>SkyCity nazna\u010duje ochotu k dal\u0161\u00edm jedn\u00e1n\u00edm<\/h2>\n<p>Ob\u011b strany byly informov\u00e1ny, \u017ee SkyCity nen\u00ed p\u0159ipraveno pokra\u010dovat na navr\u017een\u00fdch podm\u00ednk\u00e1ch. Spole\u010dnost v\u0161ak nazna\u010dila ka\u017ed\u00e9 stran\u011b, \u017ee je p\u0159ipravena zv\u00e1\u017eit dal\u0161\u00ed zapojen\u00ed, v\u010detn\u011b poskytnut\u00ed due diligence, pokud budou podm\u00ednky odpov\u00eddaj\u00edc\u00edm zp\u016fsobem upraveny.<\/p>\n<p>To je sign\u00e1l, \u017ee SkyCity neodm\u00edt\u00e1 koncepci p\u0159evzet\u00ed jako takovou, ale pova\u017euje nab\u00edzen\u00e9 ceny a podm\u00ednky za neodr\u00e1\u017eej\u00edc\u00ed skute\u010dnou hodnotu firmy. Otev\u0159enost k dal\u0161\u00edm jedn\u00e1n\u00edm nazna\u010duje, \u017ee p\u0159i odpov\u00eddaj\u00edc\u00edm vy\u0161\u0161\u00ed cen\u011b a m\u00e9n\u011b restriktivn\u00edch podm\u00ednk\u00e1ch by transakce byla mo\u017en\u00e1.<\/p>\n<h2>Kontext trhu SkyCity<\/h2>\n<p>SkyCity Entertainment Group je jeden z nejd\u016fle\u017eit\u011bj\u0161\u00edch oper\u00e1tor\u016f kasin v Australasii. Spole\u010dnost provozuje kasina na Nov\u00e9m Z\u00e9landu (Auckland, Hamilton, Queenstown) a v Austr\u00e1lii (Adelaide). Jej\u00ed \u010dinnost zahrnuje kamenn\u00e1 kasina, hotely, restaurace a z\u00e1bavn\u00ed centra.<\/p>\n<p>SkyCity se v posledn\u00edch letech pot\u00fdkalo s regula\u010dn\u00edmi v\u00fdzvami, v\u010detn\u011b \u0159\u00edzen\u00ed t\u00fdkaj\u00edc\u00edho se shody s p\u0159edpisy proti pran\u00ed \u0161pinav\u00fdch pen\u011bz (AML) na Nov\u00e9m Z\u00e9landu. Spole\u010dnost uzav\u0159ela dohodu s novoz\u00e9landsk\u00fdm da\u0148ov\u00fdm \u00fa\u0159adem, kter\u00e1 zahrnovala finan\u010dn\u00ed pokuty a z\u00e1vazky k zaveden\u00ed vylep\u0161en\u00fdch postup\u016f compliance.<\/p>\n<h2>Trend konsolidace v iGaming<\/h2>\n<p>Nab\u00eddky p\u0159evzet\u00ed SkyCity se \u0159ad\u00ed do \u0161ir\u0161\u00edho trendu konsolidace v odv\u011btv\u00ed iGaming a kasin. Private equity a investi\u010dn\u00ed fondy st\u00e1le \u010dast\u011bji hledaj\u00ed p\u0159\u00edle\u017eitosti k p\u0159evzet\u00ed hazardn\u00edch spole\u010dnost\u00ed, jejich\u017e tr\u017en\u00ed ocen\u011bn\u00ed nemus\u00ed odr\u00e1\u017eet plnou hodnotu jejich aktiv.<\/p>\n<p>Faktory poh\u00e1n\u011bj\u00edc\u00ed z\u00e1jem investor\u016f:<\/p>\n<ul>\n<li><strong>Podhodnocen\u00ed na trhu<\/strong> \u2014 mnoh\u00e9 kasinov\u00e9 spole\u010dnosti se obchoduj\u00ed pod \u00fa\u010detn\u00ed hodnotou aktiv<\/li>\n<li><strong>Stabiln\u00ed pen\u011b\u017en\u00ed toky<\/strong> \u2014 kamenn\u00e1 kasina generuj\u00ed p\u0159edv\u00eddateln\u00e9 p\u0159\u00edjmy nez\u00e1visl\u00e9 na hospod\u00e1\u0159sk\u00fdch cyklech<\/li>\n<li><strong>Online potenci\u00e1l<\/strong> \u2014 kamenn\u00ed oper\u00e1to\u0159i mohou roz\u0161\u00ed\u0159it \u010dinnost na trh iGaming online<\/li>\n<li><strong>Nemovitostn\u00ed aktiva<\/strong> \u2014 kasina \u010dasto vlastn\u00ed cenn\u00e9 pozemky a budovy v atraktivn\u00edch lokalit\u00e1ch<\/li>\n<\/ul>\n<h2>Co d\u00e1l pro SkyCity?<\/h2>\n<p>Odm\u00edtnut\u00ed nab\u00eddek nekon\u010d\u00ed p\u0159\u00edb\u011bh. Oaktree Capital nebo druh\u00fd subjekt se mohou vr\u00e1tit s vy\u0161\u0161\u00ed nab\u00eddkou, zvl\u00e1\u0161t\u011b pokud SkyCity signalizuje otev\u0159enost k jedn\u00e1n\u00ed p\u0159i lep\u0161\u00edch podm\u00ednk\u00e1ch. Platformy jako <a href=\"https:\/\/play2win.cz\/\">https:\/\/play2win.cz\/<\/a> ukazuj\u00ed, \u017ee odv\u011btv\u00ed iGaming se rozv\u00edj\u00ed dynamicky jak v kamenn\u00e9m, tak v online segmentu. Pro investory z private equity z\u016fst\u00e1vaj\u00ed spole\u010dnosti jako SkyCity atraktivn\u00edmi c\u00edli p\u0159evzet\u00ed.<\/p>\n<h2>FAQ<\/h2>\n<h3>Co je due diligence v kontextu p\u0159evzet\u00ed?<\/h3>\n<p>Due diligence je proces hodnocen\u00ed spole\u010dnosti potenci\u00e1ln\u00edm kupcem, zahrnuj\u00edc\u00ed finan\u010dn\u00ed, pr\u00e1vn\u00ed, provozn\u00ed a regula\u010dn\u00ed anal\u00fdzu p\u0159ed rozhodnut\u00edm o p\u0159evzet\u00ed.<\/p>\n<h3>Pro\u010d SkyCity odm\u00edtlo nab\u00eddky p\u0159evzet\u00ed?<\/h3>\n<p>Veden\u00ed SkyCity shledalo, \u017ee nab\u00edzen\u00e9 ceny (NZ$0,70 a NZ$0,75 za akcii) neodr\u00e1\u017eej\u00ed vnit\u0159n\u00ed hodnotu spole\u010dnosti a podm\u00ednky nab\u00eddky byly \u201eproblematick\u00e9&#34;.<\/p>\n<h3>Je SkyCity otev\u0159eno dal\u0161\u00edm nab\u00eddk\u00e1m?<\/h3>\n<p>Ano, SkyCity nazna\u010dilo, \u017ee je p\u0159ipraveno zv\u00e1\u017eit dal\u0161\u00ed zapojen\u00ed, v\u010detn\u011b poskytnut\u00ed due diligence, pokud budou podm\u00ednky odpov\u00eddaj\u00edc\u00edm zp\u016fsobem upraveny.<\/p>\n<p><em>Zdroj: <a href=\"https:\/\/www.gamingintelligence.com\/finance\/235384-skycity-entertainment-reveals-rejected-takeover-offers\/\">Gaming Intelligence<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dv\u011b nab\u00eddky, dv\u011b odm\u00edtnut\u00ed Novoz\u00e9landsk\u00fd oper\u00e1tor kasin&#8230;<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1510","post","type-post","status-publish","format-standard","hentry","category-1"],"_links":{"self":[{"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=\/wp\/v2\/posts\/1510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1510"}],"version-history":[{"count":1,"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=\/wp\/v2\/posts\/1510\/revisions"}],"predecessor-version":[{"id":1511,"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=\/wp\/v2\/posts\/1510\/revisions\/1511"}],"wp:attachment":[{"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.szjfhs.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}