Same time next year

How slow can decision making be at a German company with a dual board? Very slow indeed it appears. The German chip company Infineon is reportedly examining the flotation of its memory division – but any plans are still at an early stage. This is more than a year after the company was first reported to be examining the same idea. It’s clear it makes sense. Based upon the group’s enterprise value of E5.9bn and valuations within the sector, it seems the market attaches a negative value on the div...