We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Going Dutch

30 September 2003 By Rob Cox

On paper, the deal looks decent. Factor KLM’s turnaround into promised synergies and the return on investment may be close to 11%. But the synergies are not high enough to bring the group’s operating margins to where they need to be. And the execution risks are high.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)