THE GHOST TRAIN
THE FINANCE GHOST: Sorbet may be a sweet deal for Clicks
This is a classic ‘bolt-on’ acquisition that, for a pricey company that some call ex-growth, could be a really smart strategic shift
The word “platform” gets thrown around a lot these days. There are applications beyond the world of technology, though in its purest form I still think of a platform as being something like Apple’s iOS or Microsoft’s Office ecosystem.
I’ve seen investment holding companies talk about building a platform when they make an acquisition in a new sector. When you see this argument, you’ll often see it accompanied by a desire for “bolt-on” acquisitions as well. Corporates tend to use this language when entering a new market, as acquisitive strategies are by no means the exclusive realm of investment holding companies...
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