Borgosesia S.p.A.

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BO

IT0003217335

Investment Management & Fund Operators

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-13 am EDT			5-day change	1st Jan Change
0.7 ^EUR	0.00%		-0.57%	+0.86%

May. 06	Borgosesia resolves bond issue of up to EUR30 million	AN
Apr. 23	Borgosesia to Start Negotiations for Takeover of OneOSix	CI

Borgosesia divests minority stakes for EUR4 million

March 04, 2024 at 03:08 am EST

(Alliance News) - Borgosesia Spa announced on Monday that, through Borgosesia Real Estate Srl, the group has finalized the sale of minority stakes -- purchased for EUR2 million in June 2022 -- held in Le Caviere Elba Island Resort and Le Caviere Gest, for a consideration of EUR4 million, of which EUR1 million will be discharged by the acquiring party by June 30, 2025.

Le Caviere Elba Island Resort is the owner of a hotel tourist residence consisting of 14 prestigious villas on Elba Island while Le Caviere Gest is the company in charge of their management.

The sale price of the investments is aligned with the price at which they are recorded in the group's consolidated financial statements based on their respective fair values, the company said in a note.

Borgosesia's stock is flat at EUR0.68 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	S&P GSCI GOLD INDEX	1,380 PTS	+0.22%	+1.53%	-
	BORGOSESIA S.P.A.	0.7 EUR	0.00%	-0.57%	35.97M

Latest news about Borgosesia S.p.A.

Borgosesia resolves bond issue of up to EUR30 million	May. 06	AN
Borgosesia to Start Negotiations for Takeover of OneOSix	Apr. 22	CI
Borgosesia, negotiations start for takeover of OneOSix	Apr. 19	AN
Borgosesia, EUR6 million in real estate sales in first quarter	Apr. 04	AN
Borgosesia does not adjust dividend despite drop in profit	Mar. 29	AN
Borgosesia divests minority stakes for EUR4 million	Mar. 04	AN
Borgosesia, new investment in Bologna finalized	Dec. 29	AN
Borgosesia, new investment in Bologna for EUR14.5 million	Dec. 29	AN
Borgosesia kicks off EUR100 million securitization program	Dec. 27	AN
Borgosesia, board approves new strategic plan to 2026	Dec. 14	AN
Good Tessellis; down Borgosesia	Dec. 08	AN
Mib hooks 27,700; Technogym still bullish	23-10-31	AN
Borgosesia leads the way; SIT closes the list.	23-10-24	AN
Borgosesia, real estate sales increase by 30 percent in first nine months	23-10-03	AN
Borgosesia, half-year profit down; production volume improves	23-09-29	AN
Stock exchanges bullish; DiaSorin does best of all	23-09-29	AN
Futures bullish; numerous semiannuals expected	23-09-29	AN
Borgosesia S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-28	CI
Indices up, focus is still on accounts and macro data	23-09-28	AN
Modefinance confirms Borgosesia's rating at A3- level.	23-08-29	AN
Borgosesia resolves reorganization of stakes in alternative sector companies	23-07-13	AN
Borgosesia, real estate sales rise 84% in first half of year	23-07-04	AN
DDM Buys EUR1 Billion Nonperforming Loan Portfolio in Romania	23-07-03	MT
Futures bullish; risk-appetite improves	23-07-03	AN
Borgosesia buys a shopping center in the Como area for EUR5 million	23-06-30	AN

Chart Borgosesia S.p.A.

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Company Profile

Borgosesia SpA is an Italy-based holding company engaged in a number of sectors such as the real estate, asset management and production of energy from alternative sources. Borgosesia SpA operates in the real estate sector through investments held in such companies as 4438663 Canada Inc and 4482409 Canada Inc; in asset management through such companies as Borgosesia Gestioni SGR SpA and Ametista Funding SPV, and in the energy generation industry through stakes held in Il Faro Srl, Anemos Srl, Borgosesia SpA and Solarisuno Srl. In addition, the Company also operates in the textile industry, through the Penelope Group, active in the creation of raw and finished fabrics and in search of innovative fabrics. The Company is a subsidiary of CdR Advance Capital.

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Investment Management & Fund Operators

Calendar

2024-07-21 - Ex-dividend day for final dividend

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Ratings for Borgosesia S.p.A.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.7 EUR

Average target price

1.8 EUR

Spread / Average Target

+157.14%

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Chiffre d''affaires - Rate of surprise

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