Yes it is another Bolloré linked post!
First of all, I had a blast with my friend Philippe Luchesi during a call where we expressed our thoughts about the Bolloré galaxy and answered some Q&A.
Here is the link to the recording where there are subtitles in english so everyone should be happy! The second part will be out soon.
Discussing about a company brings about interesting thoughts and questions.
Vincent Bolloré has been very active in recent months::
- UMG spin off
- carve out of Ports
- carve out of Bolloré Logistics
- Vivendi exploring the idea of spinning offs of Havas,Canal+ and Investments.
At the same time he has used buy backs:
- tender offer at Bolloré level
- Sofibol buying Odet shares at 1 440 €.
- Imperial Mediterranean buying Odet share between 1418 and 1420 €
- Odet buying some Bolloré
In terms in capital allocation, he is using the whole span and what a timing on the sales of Ports and Logistics!