Doing better now that the laundry business albatross is off it’s back.DOW is now a better target for a bidder like Compass Group, Sodexo and Serco.Compass Group, Sodexo and Serco would be able to run DOW at much better multiples.Probably worth double to them and the business would be more likely to be worth $7 billion AUD than these ridiculous $3.75 bn AUD level.
(20min delay)