Selected European Holdcos and DLCs: October Report
Discounts to NAV for our selected European holdcos and DLCs have generally tightened during October. The report incorporates several SOTP...
118 Views
IFM/Naturgy: Tender Results & Ibex-35 Index Implications
IFM achieves 10.8%. Sell on strength on less potential for meaningful gains at current prices, lower liquidity and weight in the Ibex-35 will be...
407 Views
Selected European Holdcos and DLCs: September Report
Discounts to NAV for our selected European holdcos and DLCs have generally tightened during September. Interesting situations are Kinnevik and BHP.
240 Views
IFM/Naturgy: Board Opinion And Bid Scenarios
It could potentially be interesting to stay up to 2 October, in case there is an improvement in IFM's offer and sell upon the news, unless one...
303 Views
IFM/Naturgy: Start of Offer Period
Gross spread is 1.36%. A sweetened offer is likely, as are new share purchases by Criteria. Core strategy is long and tender (or upon possible...
318 Views