Planisware: Ardian completes its exit
Following Ardian's final exit from Planisware, we provide an update on the new capital breakdown, which in addition to improving liquidity, will take a significant weight off the market's shoulders, and also review our investment case accordingly.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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