Report
Jerôme Bodin

M6 : M6 no longer for sale, end of the speculative dimension

>RTL Group has abandoned is planned disposal - Yesterday, RTL Group announced that it has finally decided not to sell its 48% stake in M6. Whilst the channel’s licence should be renewed in May 2023, the group will no longer be eligible for sale for a period of five years under French law. In other words, RTL Group could remain the leading shareholder until May 2028. The speculative dimension should therefore be zero on the stock. Granted, this was not certain because ...
Underlying
Metropole Television SA

Co. is engaged in the media industry, primarily television edition & broadcasting. Co.'s operations can be divided into three segments. In the Free-to-Air segment, Co. operates a Free-to-Air terrestrial TV network, financed exclusively by advertising. In the Digital TV segment, Co. broadcasts many digital channels. In the Diversification & audiovisual rights segment, Co. purchases audiovisual rights. Co. is also engaged in distance-selling business, allows viewers to play an active role in the unfolding of programs proposed to them, develops mobile phone content; publishes a family of websites, organizes events & shows, & manages football Club des Girondins de Bordeaux.

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.

Analysts
Jerôme Bodin

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