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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

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Post by PCR1917 on Dec 19, 2017 7:37am

Question

Does a company held by a public company can be considered private since someone cannot invest directly in this subsidiary? Because according to Bloomberg, Mckisson Canada is a private company. In Tetra news release of September 20th, we can read: "This privately-owned partner, which asked to remain unnamed for the time being, has a pan-Canadian distribution network that reaches up to 7000 specialized healthcare professionals. Through their distribution channel, they have access to over 3000 specialized healthcare businesses in Canada and already work with a worldwide network of partners, including the USA." On Mckesson Canada website, we can read: "We answer the needs of pharmacies and manufacturers by carrying more than 55,000 products in 13 distribution centres, providing cold chain expertise and distribution to 1,350 hospitals and 7,100 pharmacies across Canada." Is this a dream?
Comment by PCR1917 on Dec 19, 2017 9:35am
Anyone willing to comment/give their opinion? quote=PCR1917]Does a company held by a public company can be considered private since someone cannot invest directly in this subsidiary? Because according to Bloomberg, Mckisson Canada is a private company. In Tetra news release of September 20th, we can read: "This privately-owned partner, which asked to remain unnamed for the time being, has a ...more  
Comment by jackthebear1 on Dec 19, 2017 9:44am
Thier investment is no different then yours or mine in Tetra  it is just that an investment so that is as far as disclosure goes unless they attain 10% or greater but even then because they are private the info you could hope to get about their respective operation would be minimal or what they are willing to disclose. Cheers Not sure if that was what you were asking but that is my ...more  
Comment by PCR1917 on Dec 19, 2017 10:25am
Not different than yours or mine, a partnership with Mckisson Canada ?? You must be kidding me, hahaha no wonder why the share price does not move, but it's ok, we'll see soon enough :)
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