Minorities exiting companies complain that their shares are undervalued

* Marius Motogna, investor: 'Companies are listed at a multiple compared to the book value, but when the shareholders withdraw from the companies, in some cases, valuations appear where the price is far below the book value'

The recent evaluations of some companies drawn up to determine the price they have to pay to shareholders who withdraw from companies, following corporate operations such as divisions or changing the object of activity, have caused dissatisfaction among investors.

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