Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
Simple, ACS is big. If they managed to survive the Spanish crisis they're in a position to take over anyone.

Also, because of the absence of a construction boom in Germany, German construction companies are relatively smaller.

None of this means that ACS' bid is sound. It might be, or not. Takeovers are not about the health of the business.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan

by Migeru (migeru at eurotrib dot com) on Fri Oct 15th, 2010 at 01:48:07 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

The new Utopia

by chumchu - Jul 2
27 comments

Grexit and Propaganda

by Metatone - Jun 29
50 comments

Ready for tomorrow?

by Luis de Sousa - Jun 28
24 comments

Iron Curtain Mark 2

by DoDo - Jun 23
22 comments

Yap essence of money

by das monde - Jun 26
35 comments

End game for Greece?

by Frank Schnittger - Jun 20
355 comments

Recent Diaries

Occasional Series