If you Google the Rankin Road facility, the photo shows a couple of pickups being hauled off as surplus. Whether accidental or willful, the irony is delicious.
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So effectively a loss on gross purchase price...often referred to as a bad buy. How's the cheerleader class? Please God I hope you do not work in accounts.
$12B write down was as part as an accounting necessary reavaluation of SLB's Net Asset Value.
It is not a divestiture.
$12bn+ write down is fake news? Are you a Schlumbertron cheer leader by any chance.
Fake news?
Yep, other than a employee survey, not much to offer and their not making $
- errrrrm.... I think you will find that Cameron is part of the $12bn write down. Do keep up at the back of the class.
Cameron seems like the only part of SLB that makes money and actually tries to be profitable.
So far SLB has been copying SAP and practices from Cameron as SLB was a mess.
Hope they sell M-I and Sweco
Slb. Hasn’t destroyed Cameron enough yet to sell it!!!!! They have to take you to the bottom first.
Please sale Cameron also.