Iliad has released a correct Q3 which reflects an improvement trend in France. But the amazing and odd news of the day is a €1.4bn public share buy-back offer at €120 per share, corresponding to 20% of the market cap of the group. This operation will be financed in parallel by a share issue at the same price at which Xavier Niel could invest up to… €1.4bn.
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The trumpets of Jericho sound to raise the stock
- Published:
12 Nov 2019 -
Author:
Jean-Michel Salvador -
Pages:
3
Iliad has released a correct Q3 which reflects an improvement trend in France. But the amazing and odd news of the day is a €1.4bn public share buy-back offer at €120 per share, corresponding to 20% of the market cap of the group. This operation will be financed in parallel by a share issue at the same price at which Xavier Niel could invest up to… €1.4bn.