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

Rare reversal

13 May 2008 By Rob Cox

This is the rare deal where the numbers work: HP s returns will exceed its cost of capital. Yet the strategy of expanding into a lowergrowth business has led to a wipeout nearly equal to the purchase price. That s silly. After all, HP can always spin the thing off.

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)