Report

Dia : To break the deadlock, logic would dictate that LetterOne and Dia resume dialogue – we steer clear of the stock

>LetterOne: an alternative offer, less dilutive for shareholders - We had the opportunity to meet the senior management of LetterOne L1 Retail, the biggest shareholder in Dia with 29% of the capital, in London yesterday. LetterOne is opposed to the plan by Dia’s board (a € 600m capital increase) and is offering to launch an IPO at € 0.67 /share, to be followed by a € 500m capital increase (to which it will subscribe in line with its share of the capital). The offer hi...
Underlying
Distribuidora Internacional de Alimentacion SA

Distribuidora Internacional De Alimentacion is a supermarket and convenience store group based in Spain. Co. is engaged in the retail trade of food through cut-price self-service supermarkets and franchise establishments. Co. is engaged in the operation of stores located in Spain, France, Portugal, Turkey, Argentina, Brazil and China.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch