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

Divide and conquer

21 March 2014 By Peter Thal Larsen

The Hong Kong trading group’s shares jumped 17 pct on plans to separate its branding arm from its sourcing business. Although two listed units may be simpler, it’s not obvious how the manoeuvre creates value. A sustained re-rating requires both bits to rediscover organic growth.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)