GBLBY News and Press, Groupe Bruxelles Lambert ADR

2023-03-30 11:23:32 ET Concentrix ( NASDAQ: CNXC ) said Wednesday it would merge with Webhelp, a provider of customer care and related services, in a $4.8 billion deal with debt, boosting its presence in Europe and Latin America, and establishing a footprint i...

Summary POW continues to make progress in shrinking the gap between its share price and NAV, by streamlining assets and disposing of non-core assets. The company will use the proceeds from these dispositions to repurchase up to 5.4% of outstanding shares. This will be positive for the N...

First Eagle Investments is an independent, privately owned asset management firm dedicated to serving the needs of individuals and institutions worldwide as well as the financial professionals that advise them. Financial markets continued to stagger in the second quarter, and the pain...

First Eagle Investments is an independent, privately owned asset management firm dedicated to serving the needs of individuals and institutions worldwide as well as the financial professionals that advise them. Toward the end of the second quarter and into the beginning of the third, ...

Canyon Bicycles Attracts Strategic Investment from LRMR Ventures and SC Holdings PR Newswire The strategic investments of LRMR Ventures and SC Holdings, as well as the appointment of Robert Kyncl as Board Director, will help expand Canyon's US presence ...

Power Corporation recently announced a dividend increase of 10.6%, moving the company’s forward yield to over 5%. The company’s history of strong dividend growth makes it a powerful tool to combat the erosive effects of inflation on your retirement income. In additio...

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class gained 3.26% in 2021’s secon...

The coronavirus outbreak has been anything but positive for the global economy, but for value investors it has offered a number of opportunities that were not previously available. One such opportunity is Belgium-based investment firm Groupe Bruxelles Lambert S.A. ( OTCPK:GBLBF ) ( OTCPK:GBL...

Late last year, shortly after the death of the company's founder, I presented Belgian holding company Groupe Bruxelles Lambert SA ( OTCPK:GBLBF ; OTCPK:GBLBY ) in an article here on Seeking Alpha. At that time, I estimated the stock to be 15 - 20 percent undervalued. I even considered an inv...

Over the past months, I have written a lot about European holding companies. There are, of course, various approaches. There are companies that invest primarily or exclusively in listed assets. Others do also own significant positions in private companies or are primarily focused on wholly o...