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World Kinect Corp V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Post by SupplyChainGuruon Jan 26, 2012 10:37am
305 Views
Post# 19451930

help me understand this

help me understand this

so, the spin out:

", and with the intention to initiate the process to "spin out" Ortsbo as an independent structure for listing on senior Exchanges in Canada and the United States."

 

so is this intent here to have Ortsbo listed under it's own ticker?

What is going to happen to the INT stock when Ortsbo becomes a separate legal entity? will it take a dive seeing as Ortsbo is their biggest asset (but ofcourse, owners would be given shares in the new ticker to balance things out?)

I plan on buying in on 0.6 - on advise on how the upcoming news is going to impact new buyers is highly appreciated!

thanks mates

SCG

Bullboard Posts