Added to YB: 2025-07-09
Pitch date: 2025-07-07
BAT.JO [neutral]
Brait PLC
-1.35%
current return
Author Info
Liquidation stocks is focused on liquidation and wind downs of listed stocks. I cover USA, Canada, UK, Europe, Australia, NZL, Japan, Hong Kong and other countries. Sign up for the newsletter.
Company Info
Brait PLC, an investment holding company, invests in privately owned business. Its primary investment portfolio includes Virgin Active, Premier, and New Look.
Market Cap
ZAR 8.5B
Pitch Price
ZAR 2.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
42.21
EV/Sales
17.03
Sector
Capital Markets
Category
special_situation
Liquidations Watchlist - Brait PLC
BAT.JO (liquidation overview): Investment holding co winding down by 2027. Assets: Virgin Active (62%, LSE float H2 2026), Premier (32%, listed +123% since 2023 IPO), New Look (3%, awaiting UK retail recovery). Post-dilutive capital raise at 73% discount to pay debt. NAV R290-320 (adjusted for PMR price & potential EIH bond dilution). 3-year timeframe.
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