|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.3500 - 1.3500|
|52 Week Range||0.7400 - 7.0890|
|Beta (3Y Monthly)||3.83|
|PE Ratio (TTM)||5.77|
|Forward Dividend & Yield||0.42 (32.62%)|
|1y Target Est||N/A|
“Finally the Chairman of LetterOne has committed to work to eliminate the discrimination between bondholders and banks of DIA,” Santander Chairman Ana Botin said on Twitter. LetterOne had been pushing for weeks to clinch support from banks to green-light its restructuring plan for DIA, as the grocer is known.
The Russian billionaire is swooping on ailing Spanish grocer Distribuidora Internacional de Alimentacion SA with a punchy takeover offer that has given a fillip to the stock after months of pain. DIA will have a job on its hands to stay independent or to force Fridman to increase his offer. This is no quixotic move: Fridman has assembled a high-powered team of executives from retailers like France’s Carrefour SA and German discounter Lidl to oversee the investment.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...