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Deutchse Bank

SES readies to divide company

Giles Thorne, an equity analyst at investment bank Jefferies, said the SES results prompted a review of the satellite company’s prospects. Jefferies now rates SES a “Buy” with a share price target of €16 (they ae currently around €6.30). SES CEO Steve Collar had reminded analysts on the results call that SES is now carrying […]

August 10, 2020

Bank: More push back on Mediaset Italy/Spain merger

Last week an Amsterdam court suspended Mediaset Group’s planned merger of its Italian and Spanish operations to create a Dutch ‘HoldCo’ Media-For-Europe (MFE) following an appeal proceeding brought by Vivendi against the first-level verdict in favour of Mediaset Group. The Amsterdam court will pronounce its decision on September 1st. A report from investment analysts at […]

July 28, 2020By Chris Forrester