There are typically only a few key events in a company’s life that can truly be described as ‘transformational’ – such as the launch of Apple’s 1st iPhone a decade ago, or Google’s $50m acquisition of Android in 2005. Likewise (albeit on a smaller scale) we think that Molins’ £30m disposal of its Instrumentation and Tobacco Machinery (I&TM) arm to GD Spa (part of packaging giant Coesia Spa) falls into the same camp. Why?
27 Jun 2017
Transformational sale of tobacco interests
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Transformational sale of tobacco interests
Mpac Group PLC (MPAC:LON) | 425 0 0.0% | Mkt Cap: 87.0m
- Published:
27 Jun 2017 -
Author:
Paul Hill -
Pages:
7
There are typically only a few key events in a company’s life that can truly be described as ‘transformational’ – such as the launch of Apple’s 1st iPhone a decade ago, or Google’s $50m acquisition of Android in 2005. Likewise (albeit on a smaller scale) we think that Molins’ £30m disposal of its Instrumentation and Tobacco Machinery (I&TM) arm to GD Spa (part of packaging giant Coesia Spa) falls into the same camp. Why?