Stroer SE & Co: Bad Deals, Weak Balance Sheet – Short Pitch

In 2010, Stroer SE & Co. KGaA was a "boring outdoor advertising business in Germany" according to James Armstrong, the senior analyst at independent research outfit, The Analyst. In the following years, the company has transformed itself from this stuffy "boring" business into a leader in the ad-tech and e-commerce space through a series of acquisitions.

Q1 hedge fund letters, conference, scoops etc


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