SP Movement6 Apr 2016 15:24
Sale of the APAC businesses on it's way to dispute resolution, but we're dealing with known sums / risk, namely the C&B & CSG valuations, the latter having already conceded a reduction - I expected a wobble, but the SP seems to be going South at pace - am I missing something? (wouldn't be the first time...). The driver behind the timing of the C&B revaluation notice i.e. landing just after sentencing by the SFO is clearly a commercial one given both companies compete in the same marketplaces, but it the SP reaction really deserved?