Previous Close | 65.10 |
Open | 64.90 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 63.50 - 65.00 |
52 Week Range | 50.05 - 79.80 |
Volume | |
Avg. Volume | 106,102 |
Market Cap | 4.847B |
Beta (5Y Monthly) | 1.48 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.24 |
Earnings Date | Mar 08, 2023 - Mar 13, 2023 |
Forward Dividend & Yield | 1.75 (3.07%) |
Ex-Dividend Date | May 03, 2022 |
1y Target Est | 95.94 |
Virginie Morgon, one of the rare female leaders of a private equity group, has been ousted from the helm of France’s Eurazeo after losing the support of its two largest shareholders. A statement from Eurazeo on Monday said the supervisory board and Morgon “jointly decided that her duties as CEO and member of the executive board of Eurazeo should cease”. The leadership overhaul marks the culmination of several years of squabbles and changes within the Paris-listed company’s shareholder base.
French investment firm Eurazeo ousted Chief Executive Virginie Morgon on Monday and named a new executive board following a row with the group's number one shareholder, the Decaux family, a source close to the matter said. The board of Eurazeo, which has 32.4 billion euros ($34.85 billion) under management including large stakes in some of the biggest French startups, met from around 1500 GMT on Sunday until late into the night and came to the conclusion that Morgon, a former M&A banker at Lazard, had to go, the source said. Jean-Charles Decaux, Eurazeo's chairman, pushed for the decision after a number of matters caused friction between Morgon and the Decaux family, which owns 18% of Eurazeo, the source said.
PARIS, November 07, 2022--Eurazeo, a leading global investment company with a diversified portfolio of €32.5 billion in assets under management, today announced that it has reached an agreement to sell its majority ownership position in NEST New York ("NEST" or the "Company"), a leading fragrance lifestyle brand, in a transaction that values NEST at approximately $200 million. Under the terms of the transaction, an investor group led by North Castle Partners ("North Castle"), a consumer-focused