Getlink, 15.6% owned by Atlantia and 5% by  Eiffage, may well have speculative appeal as the two companies indeed have a history of fully acquiring the corporates they invest in….

With Angie on her way out and Emmanuel challenged at home, Germany and France had a low-key confirmation in Aachen of both countries’ willingness to get ever closer, if slowly….

European equities trade at 12.4x their 2019 earnings. These are still seen up 10% … because 2018 earnings have been downgraded by c. 4% over the last 12 months. 2019…

The three-party acquisition of Abertis was a clever move from ACS and Atlantia, as it did away with the risk of overbidding for Abertis’ assets, allowed ACS partly to replicate…

We raised simple questions to asset managers, asset owners and listed companies about research integrity/potential conflicts of interests in a MiFID2 environment. Key findings • Overall Asset Managers (35%) and…

Pharmas were resilient amid the October cliff in the market, with the fear-driven interest being well supported by the steady earnings, especially by the “Biggies’ in Q3. This was also…

Unilever has been known for its shareholder-friendly attitudes and timely delivery on its plans. Step by step, task after task, the company has been fulfilling its strategic plan until the…

The financial newspapers are making big titles about the private equity bubble. Bubble means that the average acquisition price is 10.2x EBITDA and gearing is 5.2x EBITDA. These are indeed…

The last few days’ storm has opened wide BUY opportunities. We contribute here a list concentrating on quality names, i.e. more of a growth profile and with stainless-steel balance sheets….

Although the cash flow statement is extensively used by the financial community in the analysis of non-financial companies, it is not at all when it comes to deposit banks as…