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They always plump for the sale.That is helpful to Swedish tissue-maker Svenska Cellulosa AB and Dutch chemicals group Akzo Nobel NV as they grapple with changes to their structure.Discard of unwanted assets to industrial rivals or private equity firms gives the vendor a clean break and raises capital for reinvestment. A parallel process to give the advantage a stock-market listing, via an initial public offering or demerger, is usually pursued half-heartedly only to keep bidders honest.
When the SCA declare in August the detachment of its core hygiene business from its original, but smaller, forestry assets, it went straight to a demerger. It did not need capital and there has been no parallel sale process for either unit. says a person familiar with the situation.
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The arrival of a new album is certainly something to celebrate, but this year also marks the 20th anniversary of Flogging Molly’s very first release, the concert set Alive Behind The Green Door. It’s incredible, is not it King says. But I think we all still trust in what we are doing, songwriting wise. We have a really good chemistry in the band; Everybody has their own little vibe going on and we give each other all the space we can, and when it comes to the shows it’s all or nothing. We’ve always been that way. It still is at the end of t the day a real collaboration, and that is what keeps it going the way it has and the way it probably will for a while longer I would say.
The pole is the second for Power in three races this year and the 46th of his career a total that is fifth all-time in the series. Penske cars have won the pole in seven of the eight events run at Barber, with four of those earned by Power.
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The Fastway Tracking advantage should also be tempting to private equity. But, as analysts at Bernstein note, a demerger is probably more attractive to Akzo. True, a split would cost fees and the expense of a new head office, but it would be a fast way of removing Akzo’s conglomerate discount as SCA has found. Fastway Couriers Tracking NZ A rushed sale in the midst of a bid battle might not get the best price.Similar dynamics may apply to Akzo, which said it was reviewing its specialty chemicals business in the wake of takeover interest from PPG Industries Inc.
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