Report
Anne-Barbara Nicco

Rallye : Recommandation suspendue

A la suite du placement de Rallye et de ses holdings en procédure de sauvegarde, nous revenons sur l’origine des difficultés de la société, sur les possibilités qu’offre la procédure et avons ajouté un commentaire particulier sur l’obligation échangeable 2022. Il nous est cependant impossible à ce stade d’anticiper de manière suffisamment précise l’issue de la procédure. Pour cette raison, nous suspendons notre recommandation sur les titres mais continuerons à suivre la société ...
Underlying
Rallye S.A.

Rallye is a holding company, operating within the specialized food distribution industry through its majority holdings in Casino and Groupe GO Sport. Co.'s main asset, Casino, represents 99% of its consolidated sales; and Groupe GO Sport specializes in retail sporting goods through its GO Sport and Courir brands. Co. also manages investment portfolios with financial assets (LBOs, real estate funds, energy, development capital), and real estate assets (shopping malls and residential developments). Co.'s activities are divided into three segments: food and general retailing (through Casino); sporting goods retailing (through Groupe Go Sport); and financial holdings and investments.

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
Anne-Barbara Nicco

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