Following a satisfactory 2019 in profitability and NAV-progression terms, the ongoing (and undisturbed) sale of GrandVision will be HAL’s anchor to face the global turmoil prompted by the COVID-19 pandemic. Considering GrandVision’s recent statement, that the current crisis has no impact on the execution of the deal with EssilorLuxottica, this has reassured us on this positive catalyst for the holding company. In these volatile times, cash is king, and HAL will have plenty of it.<
27 Mar 2020
GrandVision deal will continue to carry HAL through the storm ahead
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GrandVision deal will continue to carry HAL through the storm ahead
HAL Trust (HAL:AMS) | 0 0 1.9% | Mkt Cap: 12,371m
- Published:
27 Mar 2020 -
Author:
Jorge Velandia -
Pages:
3
Following a satisfactory 2019 in profitability and NAV-progression terms, the ongoing (and undisturbed) sale of GrandVision will be HAL’s anchor to face the global turmoil prompted by the COVID-19 pandemic. Considering GrandVision’s recent statement, that the current crisis has no impact on the execution of the deal with EssilorLuxottica, this has reassured us on this positive catalyst for the holding company. In these volatile times, cash is king, and HAL will have plenty of it.<