Will there be a deal for the sale of the out-of-home advertising division?
Many negative news items, including a forecast cut, have already been accounted for in the stock price!
The current valuation level of the stock offers potential for price increases!
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On October 10, a media report drew investors' attention back to Ströer (i.). According to the report, Ströer's out-of-home advertising division could be sold to a group led by US investor I Squared. A valuation sum of 3.5 billion euros or more was hinted at, should the deal come to fruition. After initially reacting hopefully with stock price increases, disillusionment set in quickly. The past looms large, where talks with KKR and Hellman & Friedman had already failed. Nonetheless, even if there should be no deal for the out-of-home advertising...
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