OVIVO INC CLASS A T.OVI.A

They ve done it before

[paljoey]

These guys seem to be repeating what they did before.

 

They slimmed down the costs of their Process Group and sold it in 2007 for $950 million or about 2 times net book.

As part of the deal, they spun out to Shareholders its Water Treatment and Pulp and Paper Groups.

Current sales are almost as large as the Process Group and now they have been the slimming this one down.

 

I would say that a sale will be done at some point.

[TheRock07]

Thats correct. I was a shareholder of the larger parent which sold out in 2007 the Process Group for about $33 per share. As part of the deal, they spun out to shareholders Water Treatment and Pulp and Paper Groups as GLV. GLV  started trading in early 2008  and traded in the $13 range at which point I sold.   GLV is much larger .   What I am hoping for is for