In other news,Prisma Media ($VIV $ALHG) will cut 40% of its workforce...
looks like UMG will do most of the heavy lifting themselves 😂👍
Reinet $REINA now has well above 5bn€ in cash, equivalent to their whole market capitalisation - and has yet to communicate what it intends to do following these large disposals (BAT and PICG).
intriguing
The First Pacific portfolio, end of 2025.
Gold has propelled Philex, while Indofood is weaker. MPIC valued at privatisation price, potentially worth ~3x. Just the look-through stakes are worth more than the $1.2bn book value (Meralco: $2.7bn, MPTC toll roads $1.6bn)
Kat burglars
LOL. LMAO.
Havas buying Louis Hachette 🤡
summary of Monday transactions (23.03) of the Bolloré group:
* Sofibol buys 679 shares of $ODET
* $ODET buys 10.2m shares of $BOL
* $HAVAS buys 2.4m shares of $ALHG
probably a start to a busy week, let's see what gets reported next week. And I suspect they're buying $UMG as well (but we won't know).
