The results remained grossly in line for most of HAL’s underlying holdings, which was reflected in a muted progression of the group’s NAV over H1 19. It is no wonder then that upcoming deal with EssilorLuxottica for the sale of HAL’s 77% stake in GrandVision has stolen the show. Many questions abound regarding HAL’s post-GrandVision future, and investors appear to have placed a great deal of uncertainty on the current share price, resulting in an ample 25% discount to
04 Sep 2019
Exit from optical retail outshines a modest H1 19
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Exit from optical retail outshines a modest H1 19
HAL Trust (HAL:AMS) | 0 0 1.9% | Mkt Cap: 12,371m
- Published:
04 Sep 2019 -
Author:
Jorge Velandia -
Pages:
3
The results remained grossly in line for most of HAL’s underlying holdings, which was reflected in a muted progression of the group’s NAV over H1 19. It is no wonder then that upcoming deal with EssilorLuxottica for the sale of HAL’s 77% stake in GrandVision has stolen the show. Many questions abound regarding HAL’s post-GrandVision future, and investors appear to have placed a great deal of uncertainty on the current share price, resulting in an ample 25% discount to