Safety first: Should indebted Trellidor unlock Taylor?
It’s not an open and shut case, given the unspectacular price Taylor would probably fetch
14 March 2024 - 05:00
Trellidor*, which punts its security doors as the ultimate crime barrier, is certainly not the first company to make a bum acquisition straight after listing.
During the 2007/2008 boom in new listings, for instance, many JSE debutants pursued value-crushing acquisitions in a bid to rapidly broaden their core business. Many did not survive these costly misadventures, sinking under a heap of debt...
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