stella profit

stella is making $220 ebitda per year, if MFS can retain 25% stake and with minimal debt, should be able to hold a share price of $1 +.

they then have some transactional profits and obviously some of their funds will continue.

they should cut dividend to repay more debt and work on building brand.

if they sold the whole of stella, then i would think they would struggle to survive.

the other good thing about maintaining a stake is that CVC will work hard to drive the business.