What I will be looking for as part of this acquisition is as follows:
1. Track record of existing business. eg. Is it cash flow accreditive and have sales been increasing year on year.
2. Are there forseeable synergies that would allow cost to be cut by merging 2 businesses.
3. Will the acquisition involve cash or purely shares in TNT only. That way the owners of the acquired business have a vested interest in the integration going well.
All will be revealed soon!
TNT Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held