Wednesday, December 17, 2014

Corné scathing about acquisition by Philips – Yahoo! News

Corné scathing about acquisition by Philips – Yahoo! News

Corné van Zeijl of Actiam allows Philips to the ground on the acquisition of Volcano by Philips’ buy them at the wrong times the wrong business. ”

” The acquisition fits very nicely with the activities of Philips ” says Corné, ” but the company itself has a very bad track record. Sales have them for years can not grow, the question is whether Philips can pull me back in. ”

” Philips bingo card filled with expensive acquisitions. Even with these extremely low interest rates, the company bears only in 2017 to earnings from Philips. The decline from Philips is justified. This corresponds approximately to the value that Philips would gain ” said Van Zeijl .

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