Bollore: Making Rapid Progress Along A Path Of Simplification And Value Extraction
Source: SeekingAlpha
2025-02-03 09:45:00 ET
Summary
- Bollore and Compagnie de L'Odet are the Paris listed mid-cap holding companies controlled by Vincent Bollore and family and we acquired our shares in H1 of this year.
- The thesis is based on steady compounding of the underlying assets (UMG & Vivendi), value creative uses of the large cash balance and a simplification of the complex family holding structure over our investment horizon.
- The company has made surprisingly rapid progress in line with our thesis in the past six months.
- We are as well aligned with the Bollore family as we can be, and they are making rapid progress along a path of simplification and value extraction.
The following segment was excerpted from the Highwood Value Partners H2 2024 Letter To Investors. ...
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Bollore: Making Rapid Progress Along A Path Of Simplification And Value Extraction
Vivendi SE
NASDAQ: VVVNF
VVVNF Trading
-1.89% G/L:
$2.60 Last:
4,800 Volume:
$2.65 Open:
