01 décembre 2005, 0h00
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Three cheers for Brambles. The Australian/UK business services conglomerate plans to sell off businesses that account for nearly half of its turnover and about a quarter of operating profit. It then plans to return at least £1.2bn to shareholders and eliminate its dual listing. This is great news for shareholders.
Brambles wants to keep its pallet rental and document outsourcing businesses. Both are attractive, with revenues growing about 6% to 8% annually. Better yet, both have returns on capi...
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