Actually - wasn't it an investment made by the current management?
Was a bit disappointed with the rather 'unapologetic' tone of the announcment.
After writing down >80% of the invested amount, and a huge % of annual EBIT, I thought it should of been a bit more circumspect.
So many dumb decisions in the name of growth and M&A....
Actually - wasn't it an investment made by the current...
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