3D·

Mutares and Steyr Motors

Mutares seems to have floated Steyr at exactly the right time. I really like the strategy of taking subsidiaries public.

The Mutares package is now worth a good 120 million, which is about 20% of Mutares' market capitalization.

3 Comments

@SAUgut77 has Mutares floated 100% of the company and they hold 70% of the outstanding shares or have they floated 30% and hold the remaining 70%?

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@TaxesAreTheft Styer is listed independently on the stock exchange and Mutares still holds 70% of the shares in Styer.

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@SAUgut77 ok, that's what I had in mind 👍

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