Recent

% | $
Quotes you view appear here for quick access.

SPX Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • nottooclueless nottooclueless Jul 13, 2012 4:55 PM Flag

    Selling Thermal businesses ?

    There are a number of Chinese companies and maybe the Indians that would LOVE to have the Marley brand name and US sales networks.

    Another potential would be GEA - but that is a long shot given their own financial issues in the heat exchanger business.
    Given the complexity of the global footprint, a complete divestiture of the entire business is unlikely, but they do need to figure out some way to stop the bleeding as the overall asset value of these businesses probably just keeps going down as regional and global competitors get stronger.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
SPW
70.37+0.01(+0.01%)Jul 7 4:08 PMEDT