Feb. 11 at 1:13 PM
$NTZ Here's a hint at the potential value of Natuzzi. Flos B&B Italia Group, which is probably somewhere around 30-40% larger in total sales vs. Natuzzi, and likely has higher margins, rejected a bid for around
$1 billion for the group. Even discounting the smaller and lower margins that Natuzzi currently has, if you apply a 50% discount to that offer, at
$500 million it would value
$NTZ at current state at about
$45 a share. That's the potential of the still unlocked value there. https://www.interiordaily.com/article/9703530/flos-b-b-italia-group-weighs-informal-offers-for-its-luxury-furniture-division/?utm_medium=email