Europe doesn't have much in the way of private $200+ billion giants. It's pretty rare that those go unnoticed or untracked in terms of value. When they're aroun

Europe doesn't have much in the way of private $200+ billion giants. It's pretty rare that those go unnoticed or untracked in terms of value. When they're around in the US or Europe, you know their names. Bloomberg and Forbes, among others, go to great lengths to track large private companies. Ikea would be valued at less than Target if it were public (it's far smaller than Target, with better margins). It takes a $200 billion market cap to crack the top 50, Ikea isn't close. Bosch would comparable to or a bit larger than 3M in valuation. They're not particularly a growing business, they've been stagnant for a long time, that would hit the multiple they'd receive, as would their segment (industrial) and that they're Europe based (European companies almost always receive a lower multiple than their US peers). They'd be worth more than Ikea, granted.