Q3 report shows further capital allocation to conviction ideas - intrinsic value EUR12.6/s
TIP reported a pro forma NP of EUR13.8m in Q3 21 (which includes the realised capital gains and losses on shares) and EUR85.4m in 9m. In Q3 21 TIP committed to acquire an additional 5% stake in Vianova (TIP has 12% stake). The capital hike of OVS (EUR21.6m invested) and Eataly (EUR1m invested) were completed. In October TIP announced EUR89m investment in Limonta, one of the leading players in luxury texti ....
18 Nov 2021
Another milestone on the wise MandA strategy
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Another milestone on the wise MandA strategy
- Published:
18 Nov 2021 -
Author:
Baldelli Michele BM -
Pages:
8
Q3 report shows further capital allocation to conviction ideas - intrinsic value EUR12.6/s
TIP reported a pro forma NP of EUR13.8m in Q3 21 (which includes the realised capital gains and losses on shares) and EUR85.4m in 9m. In Q3 21 TIP committed to acquire an additional 5% stake in Vianova (TIP has 12% stake). The capital hike of OVS (EUR21.6m invested) and Eataly (EUR1m invested) were completed. In October TIP announced EUR89m investment in Limonta, one of the leading players in luxury texti ....