10 Signs Your Company Is For Sale - Read this Forbes article about the signs you can see that they are about to sell the company . 8 out of 10 I can see RIGHT NOW in Enbridge Ontario! No wonder so many good people are leaving and so call low performers are being let go quietly! Read the article! https://www.forbes.com/sites/forbesleadershipforum/2012/08/09/10-signs-your-company-is-for-sale/
4 replies (most recent on top)
(This would only be the case for the new acquired American purchases, Ontario GDS is no longer important to Enbridge.)
No. Enbridge is running Ontario GDS in line with it's values/principles - they will not sell. Who literally gives up a monopoly?
They used their monopoly status to interfere in regulators rulings to protect the monopoly, and also used government connections in the Ford Government to secure fossil fuel viability and profitability for next 40 years.
You don't invest in a monopoly as customer have no choice - go look at all the articles in Ontario about residents being unable to transition to other forms of heating - Ontario Government, Housing Developers, and Enbridge all colluded to ensure viability of this industry with zero investment from Enbridge.
This company is being run the way it should - unfortunate as it may look like they don't care - they don't - it's just a cash cow.
Guarantee it is not being sold.
(No - Gas Utilities are the new crown jewel of Enbridge.) This would only be the case for the new acquired American purchases, Ontario GDS is no longer important to Enbridge. It is very evident on how they are running the business into the ground! The fastest transition from a great company into a sinking ship I have ever seen! Everywhere I go contractors and people in the industry all see it, and say I cant believe the company is this bad!
Hopefully. Even if a hedge fund was to buy, it would be an improvement.
No - Gas Utities are the new crown jewel of enbridge.