Bracing times....15 Jun 2012 19:32
I think there is a bit too much slack in the economy for competitors to pick up Mouchel as a single entity. The rivals will want to cherry pick. The managers I would think have a responsibly in that case to price this assets as growth assets, and not as fire-sale assets. Mouchel has a good name. It, it's staff, and the shareholders do not deserve this. Management have a lot to answer for, and repent.