MSC's Hutchison ports buy – it's a cracker
…but what’s in it for China?
ID 339249141
© Sascha Winter
| Dreamstime.com
It took about two months for the M&A story of GXO Logistics to eventually lead nowhere – as we found out after the US market closed on Tuesday (3 December) – and change… almost nothing about the US-based firm’s value prospects.
The worst performer in our US demo portfolio yesterday (4 December), by quite some margin too (-13.8%, down to $50.85 at the close), now finds itself where it all started with Bloomberg coverage on 10 October.
($0.05 cheaper, in fact, read ...
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