but if they ARE the BIG FISH in their space who is going to buy them out? Certainly not their direct competitors who don’t have the money!
i can’t see a BIG FISH from a “sports” industry (ie Nike, adidas) take them out, these never work.
No I can’t see M&A happening unless it’s CAT continuing to do so which won’t happen in a hurry as so far the money spent has failed mi
serably when it comes to SP, expense reductions with slow revenue accretion!
All we can can do is have patience and allow them to find the two key leaders they need, continue to innovate and stay ahead of the pack and sign up profitable deals, and get back the trust of the instos!!
Ann: CAT H1 FY19 Results Presentation, page-43
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