What Do the Latest Conglomerate Breakups Mean for Luxury Giants?
The Fashion Law
NOVEMBER 15, 2021
General Electric Co. Most companies do well when they concentrate on their core business,” Stadler says, which is why conglomerates’ stocks are “typically discounted by investors fearing cross-subsidies for unprofitable businesses and stifling co-ordination costs.” (The The news is not exactly unprecedented – or unexpected.
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