|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||92.70 - 93.84|
|52 Week Range||72.88 - 94.16|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||19.51|
|Earnings Date||Mar 11, 2020|
|Forward Dividend & Yield||3.07 (3.30%)|
|1y Target Est||95.29|
Is Groupe Bruxelles Lambert SA (EBR:GBLB) a good dividend stock? How can we tell? Dividend paying companies with...
In 2012 Ian Gallienne was appointed CEO of Groupe Bruxelles Lambert SA (EBR:GBLB). This report will, first, examine...
Moody's Investors Service ("Moody's") has today assigned a B2 Corporate Family Rating ("CFR") and a B2-PD Probability of Default Rating ("PDR") to Piolin II S.a.r.l, the holding company for Parques Reunidos ("Parques"). Concurrently, Moody's has assigned to Piolin Bidco, S.A.U. a B2 rating to the proposed EUR692 million and EUR268 million Term Loans (B1 and B2) as well as the EUR200 million RCF falling due in 2026. Proceeds from the proposed term loans will be primarily used to repay existing debt and partially finance the LBO acquisition of Parques.
Moody's Investors Service ("Moody's") has today assigned a B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR) to French TopCo ("Webhelp" or "the company"), the leading player in outsourced customer relationship management services in Europe. Concurrently, Moody's has also assigned a B2 instrument rating to the EUR1.155 billion senior secured Term Loan B due 2026 and a B2 instrument rating to the EUR210 million Senior Secured Revolving Credit Facility due 2026, both to be raised by Marnix SAS, a subsidiary of French TopCo. Proceeds from the issuance of the Term Loan B alongside new equity amounting to EUR1.321 billion in the form of common equity and shareholder loans will be used to (1) fund the acquisition of Webhelp SAS by Groupe Bruxelles Lambert (GBL), the company's founders and the current management team, (2) refinance WoWBidco SAS' existing debt (WoWBidco SAS is the 100% owner of Webhelp SAS), and (3) pay the fees related to this transaction.
GBL and Adidas, whose shares hit record highs on Tuesday, declined to comment. Adidas is in the midst of a share buyback, planning to repurchase 3 billion euros in stock between March 2018 and May 2021, which has gradually pushed up GBL's relative stake. Adidas share price has more than doubled since GBL invested in the company as CEO Kasper Rorsted focused on improving profitability, expanding in North America and China and boosting online sales.
Could Groupe Bruxelles Lambert SA (EBR:GBLB) be an attractive dividend share to own for the long haul? Investors are...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2012 Ian Gallienne was appointed CEO of Groupe Bruxelles Lambert SA (EBR:GBLB). This an...
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (andRead More...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! A look at the shareholders of GroupeRead More...