[Leica] Blackstone/Leica

[Jayanand Govindaraj]

I beg your collective pardon if this has been posted already:

https://www.reuters.com/article/us-blackstone-leica-camera-sale/exclusive-blackstone-in-talks-to-sell-stake-in-camera-maker-leica-sources-idUSKBN1AI22V

The key phrase is this one - not a camera manufacturer, but a luxury goods
brand:

While mass market camera makers such as Canon (7751.T
<https://www.reuters.com/finance/stocks/overview/7751.T>) and Nikon (7731.T
<https://www.reuters.com/finance/stocks/overview/7731.T>) trade at 7 to 9
times their expected core earnings, Blackstone hopes to reap a premium to
that for Leica, whose cameras are seen as luxury goods.

Cheers
Jayanand