Expecting announcements soon on divestiture, Lorenzo keeps showing slides on it but no context to which product lines.
Thoughts?
8 replies (most recent on top)
A One Trick Pony!
@1tv -
I believe so, there’s been payoffs happening over the last month. Some PSL’s are virtually gone.
Big reveal September 30th I think
@cv what's left of subsea likely to be sold at steep loss. In prior years M&A guys held out for more money but there's no buyers left.
What does the stoneywood guy think. Did he cause this?
@OP They have to pay for Chart…
Could OFSE be sold if there are furloughs happening in Emmott?
Divest is the opposite to Invest, & that's all you need to know about the direction of this company of ever decreasing circles.
My Scythe is sharpened & ready for more cuts - get out while you can.