Expect some pull-back after today's gain - on the assumption no news is immediately forthcoming of an Offer. Longer-term, Samsonite appears attractive, still.
Boomeranged on Fri, 22 Mar 2024 10:24
Samsonite is planning a dual listing “to increase the liquidity of its shares and to reach investors in more markets”. Samsonite did not provide details of the stock exchanges being considered for the second listing. Samsonite’s business is performing well. Depending on the final structure, securing a dual-listing may validate whether the company rates a higher multiple on another exchange.
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