Scor needs scale. Internal discussions led to the obvious conclusion that Partner Re (100% owned by Exor) would be an ideal short-cut to size. This information was made public after…

Nasdaq AB (indirect subsidiary of Nasdaq Inc.) announced this morning it will make a public offer to acquire all of the issued shares of Oslo Bors VPS (OBV). The price…

JP Mustier (Unicredit) held a short conference about “the future of banking in Europe” organised by the Centre of Financial Professions. He did not draw a rosy portrait of this…

EDF is a complex story one could resume as a commodity call option in a sea of regulatory, technical and political uncertainties. The share price spent last year outperforming the…

Governance matters, more than ever and it has long been an issue at Renault. When a company, or in this instance a group of companies, is dominated by one individual,…

At 47p, a 54% retreat over the last 3 months, Thomas Cook sits firmly in call option territories. The trigger is a summer heat-wave that struck its business at the wrong…

Fully-regulated players have been left in the dust as integrated peers benefited from rising carbon and electricity prices, yet we like National Grid’s model as it offers a compelling mix of…

2018 has been a nightmare for Casino. Investors have dumped the stock en masse (its price touched 22-year lows just a few days ago) due to apprehensions about the health of the French…

This article is meant for investors with an inclination towards calculated but higher-risk investments, for a period beyond 3-6 months. Today, we present a ‘must-buy’ case for Groupe Casino Guichard,…

Becoming a possible target in a rich industry contemplating consolidations is good news for shareholders and seemingly less so for Scor’s management. The insurer has a healthy in-force portfolio and…