Originally Posted by
elZorro
Thanks Mikew, hadn't seen that. But Zuellig's comments there look sound to me. They could certainly help with merchandising experience, and they seem to have a good understanding of the PGW business background. They are a big company, they can afford to be choosy, and have made their intentions known. PGW isn't in that happy position, and have no great business acumen, if the last few years are any indication.
From one of the privately-owned Zuellig Group's web pages:
Zuellig turnover of $12billion p.a., compare that to Agria with a fairly modest Mcap, and this sort of a chart, pictured below. While the takeover offer helped Agria's chart for a while, it's flatlining like PGW.