Q: G ood Morning
If you were to gaze into your crystal ball could you see GSY and PRL joining forces to have one strong company?
Thks Marcel
If you were to gaze into your crystal ball could you see GSY and PRL joining forces to have one strong company?
Thks Marcel
5i Research Answer:
While it could make business sense (higher market share, cost synergies, possible higher valuation for a larger company) we doubt either company would be interested right now, at current valuations (low!). There might also be some government concern on concentrating market share in certain regions. It is a very politically-charged industry, and a deal would likely be met with resistance.