The eye-raising announcement of the sale of HAL’s stake in GrandVision to EssilorLuxottica led to the solid NAV progression in Q3. An improved outlook for oil and dredging assets point to a more supportive FY20. Still, the uncertainty on the deployment of the proceeds from the deal with EssilorLuxottica continues to loom over HAL’s post-GrandVision future.

22 Nov 2019
GrandVision's surge fuels NAV spurt in Q3

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GrandVision's surge fuels NAV spurt in Q3
HAL Trust (HAL:AMS) | 0 0 1.9% | Mkt Cap: 12,371m
- Published:
22 Nov 2019 -
Author:
Jorge Velandia -
Pages:
3 -
The eye-raising announcement of the sale of HAL’s stake in GrandVision to EssilorLuxottica led to the solid NAV progression in Q3. An improved outlook for oil and dredging assets point to a more supportive FY20. Still, the uncertainty on the deployment of the proceeds from the deal with EssilorLuxottica continues to loom over HAL’s post-GrandVision future.