RE:RE:Why settle?Gabriel wrote: Good point.
My message delivered to the office of the president was and is do not sell divisions but split each share in 4 separate entities and let the market unlock the true value of each. You don't mix a rotten apple with a diamond. Who said that ? :)
This is not the time to sell O&G/Resources considering the cycle and the Construction division which has excellent engineers needs to be substantally degreased to make it profitable.
- Engineering Services (Atkins + ex SNC Engineering + Nuclear): 6B value
- Capital : 2.6 B minimal value of all concessions
- Construction : Needs to be profitable at any cost and fast. Claim. Demobilize. Renegotiate.
- O&G / Resources: I see a deal with Aramco (trillion dollar scale) to migrate to new energies.
If they had listened and not sold Kentz then but now we would be getting 10x more or 3B for it.