Halcyon to GMG shareholders: Size matters
Rubber production firm's chief says shareholders should not consider only asset value, adding that size offers scale, reach and economies
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GMG Global shareholders should consider Halcyon Agri Corp's general offer through the lens of revenue and scale, and not just asset value, Halcyon Agri Corp chief executive Robert Meyer said on Wednesday in a meeting with GMG shareholders.
"Size matters. Size gives us the scale, size allows us to reach more customers, size allows us to manage costs," Mr Meyer told a group of about 300 GMG shareholders. "This is a key point. Our assets, Halcyon's assets, Sinochem's assets, GMG's assets are complementary. We are virtually like a puzzle that you can put together with very little overlap."
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