GBLBF - Pargesa: Power Corp.'s Restructuring Could Be The Long-Awaited Catalyst
This article was selected to be shared with Seeking Alpha PRO+ Income subscribers - find out more here.
Pargesa Holding SA (PRGAF) is a European investment holding company with a very interesting history and ownership that could be about to change. As a short history, Swiss-based Pargesa Holdings was originally used as a financing tool to acquire various international assets and investments from French bank BNP Paribas (BNPQF) during the push for nationalization of financial assets by the François Mitterrand regime in 1982. Behind the funding for the initial acquisitions