Bolloré: a look at the presenting banks update note on ex-rivaud take put offers

It is a comedy!

First I will have a look at the presenting banks updated note. This update was required as Bolloré increased his offer so they had to take into account.

Not that presenting banks have ever been fantastic but it gives some flavor on all the technics used to get to say that the price offered is a good price.

So first we have the presenting banks note and then we have the independent expert’s report.

What is interesting thing to do is to have a look at the differences between the two versions of the note of the presenting bank .

Are they some differences and did they make some changes?

Of course they did and they are of course not neutral!

Remember reading and going after the details is one of the secret weapons of an investor.