Thread regarding 3M layoffs

Selling assets

3M to Plan $1 Billion Sale of D–g Delivery Systems Unit

https://www.bloomberg.com/news/articles/2019-12-06/3m-is-said-to-plan-1-billion-sale-of-d–g-delivery-systems-unit?srnd=markets-vp

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| 901 views | | 4 replies (last December 28, 2019) | Reply
Post ID: @OP+12rzpYwb

4 replies (most recent on top)

Selling assets obe by one is the surest way to grow ! Not.

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Post ID: @illy+12rzpYwb

Less than 2X sales....kudos all around

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Post ID: @6pnk+12rzpYwb

Top notch work ! Managed only 2X sales revenue.

When something is bought, usually it is more like 4X or more.

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Post ID: @5tvz+12rzpYwb

Looks like they only managed to get $650 MM.

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Post ID: @2sgz+12rzpYwb

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