Like Indigo, growth and diversification I still say IDG and Ret make a great merger.
Both have their core business as cash cows, IDG is already shaping its growth by diversifying into niche areas including children Sports apparel and Wellness products.
Undoubtedly, the former CEO of IDG which will soon lead Ret into its growth by diversification a La IDG, will be aware of niches outside the current purview of IDG.
Together, the sum of the two parts will be greater than their simple current combined NPV.