Astronomic bid for Ørsted's Danish DSO shocks analyst

Senior equity analyst Morten Imsgaard says that a DKK 26 billion bid for Ørsted's Danish transmission systems operator, Radius, is difficult to fathom. According to Bloomberg News, a group of Canadian investors has placed a bid of such a size.
Photo: Ritzau Scanpix/Mads Claus Rasmussen
Photo: Ritzau Scanpix/Mads Claus Rasmussen

Assessing the value of companies can be a difficult task, and at first glance, Ørsted's distribution systems operator (DSO), Radius, appears to be no exception.

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