Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
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© Andrianocz
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Dreamstime.com
Well, even more than usual, it’s all in the numbers.
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Dave Bozeman, a nice chap, according to a few of those in the call yesterday post-results, is “diagnosing, diagnosing hard” and “analysing” the business he just took control of as CEO on 26 June, after a search lasting months for a new leader.
The stated target, made immediately clear in his prepared remarks, is to “accelerate growth in a very fragmented market” while looking “at the portfolio with an open mind”.
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