Selected European HoldCos and DLC: May 2025 Report
Discounts to NAV of covered holdcos mainly widened during May. Coverage of CF Alba is discontinued following delisting. What seems interesting:...
344 Views
Selected European HoldCos and DLC: April 2025 Report
Discounts to NAV of covered holdcos mainly widened during April. CF Alba was delisted following conclusion of the takeover acceptance period.
368 Views
Selected European HoldCos and DLC: March 2025 Report, Adding Vivendi
​March discounts to NAV of covered holdcos showed no clear trend. Interesting points include Porsche SE vs. listed assets and Rio DLC (long RIO LN...
300 Views
Selected European HoldCos and DLC: February 2025 Report
​February 2025 saw varying discounts to NAV for covered holdcos, with some tightening and others widening, highlighting opportunities in Porsche SE...
379 Views
Selected European HoldCos and DLC: January 2025 Report
Discounts to NAV of covered holdcos mainly tightened during January 2025. What seems interesting (unchanged views): Porsche SE vs. listed assets...
308 Views