The current rationale is that the only good conglomerate is a busted one.
More Quotes from Francis Claro:
When they make an acquisition of another spirits competitor, they can leverage their infrastructure and marketing and merge central office functions. In this type of instance it can make sense to have related diversification.Francis Claro
Generally, the winning model has been autonomous units, having expertise close to the market, decision-making flexibility and focus to respond to market conditions.
Francis Claro
You're talking to someone who has gone through the Mexico crisis, the Thai crisis, the Russia crisis, the Brazil crisis and the Turkey crisis. Politics has always been an investment consideration within emerging markets.
Francis Claro
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