RE:RE:RE:RE:Will There Be A Spillover Effect?Gabriel wrote: SNC too.
Proof: We sold the 407 for 3.25B (2.7B net) and were paid in Q3 2019 thereby reducing net debt to ~ 600m less than 5 years ago. Debt is back above 1 6B in less than 5 years despite sale of Kentz (200m) and north european units. Where did the money go may I ask? Not on dividends, not really on buybacks and not on acquisitions.
My net position on SNC today is slightly short.
I had said it, My net position on SNC is short,