A clas­sic break-up?

Finweek English Edition - - COMPANIES & MARKETS -

SO BUILD­ING SUP­PLIES con­glom­er­ate ILIAD AFRICA plans to re­align a por­tion of its (sprawl­ing) port­fo­lio. Th­eS­PEC­ta­cle has al­ways re­garded the care­fully crafted Iliad em­pire as a pri­vate equity player’s dream – es­pe­cially in cur­rent trad­ing con­di­tions.

How­ever, re­align­ment sounds aw­fully mun­dane – es­pe­cially since that ef­fort will be detri­men­tal to earn­ings over the short term. Still, Th­eS­PEC­ta­cle is rather anx­ious to see what por­tion of the port­fo­lio is re­aligned and what that “re­align­ment’ ac­tu­ally in­volves. Who knows what Iliad may have started…

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