Doro: Cut Out for a Spin-off
Research Update
2021-02-18
05:04
Redeye raises the fair value range of Doro, following the company’s announced intention to spin off Doro Care. In this update, we take a butcher’s at the separate value of the two businesses. We argue that they are (or soon will be) cut out for a spin-off.
VW
Viktor Westman
Disclosures and disclaimers