3 ms·
What if the highest foreign bid would be below reasonable price? (Not uncommon if we're talking hundreds of risky operations arriving on finance market at once)
by guard-of-terra 15y ago
What if the highest foreign bid would be below reasonable price? (Not uncommon if we're talking hundreds of risky operations arriving on finance market at once)
What if the foreign owner then proceeds with dismantling and closing the purchased operation to decrease competition?
Siemens did just that as far as I know. They bought a new phone plant in Riga (Latvia) and they shut it down. Have their own phone manufacturing business, why risk it?