Sartorius AG/ADR

• AV Asset Value Investors Ltd AVI Global Trust ↗ AVI Global Trust sold approximately two thirds of Christian Dior after the Arnault family proposed a cash offer, retaining a toehold while criticising the timing against depressed LVMH shares. It established Bio-Rad Labs as a discounted sum-of-the-parts investment, expecting restructuring, potential Sartorius monetisation and activist pressure to narrow the valuation gap. September 2026 CHDRF $84BLVMUY $211BSOAGY $17B +1

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