APM Terminals – a little gem hiding in plain sight
A ‘blankety blank’ cheque book and pen…
“When I think about the goodwill impairment test going forward, I think you spent around $8 billion on M&A over the last few years. Could you tell us a bit more about how much buffer you have within the goodwill impairment testing before you need to book any charges there?”
(Unanswered, according to Premium’s standards.)
That was a fair question from a savvy analyst who joined the Q&A session with the management team of AP Møller-Mærsk (APMM) when the ocean carrier and would-be ...
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