Mercator being sold
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Join Date: Sep 2007
Location: UAE
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Mercator being sold
Greetings All,
Just seen the message that DNATA is selling off Mercator.
Now I will admit I am not a financial genius unless you count buying high and selling low genius.
But I always thought that Mercator was a bit of a cash cow along with the Airline.
So thoughts anyone, is this a financial master stoke or is some of the family silver being sold off to plug other holes ?
Just seen the message that DNATA is selling off Mercator.
Now I will admit I am not a financial genius unless you count buying high and selling low genius.
But I always thought that Mercator was a bit of a cash cow along with the Airline.
So thoughts anyone, is this a financial master stoke or is some of the family silver being sold off to plug other holes ?
Join Date: Oct 1998
Location: OS
Age: 65
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Mercator sale?
I thought that Mercator was profitable, why sell a division that makes money. Who's going to take over Group IT? Mercator or is the company looking for a better service?
