CCE has not failed due to lack of cash or a bad product but due to poor management - eg they had a new CEO for a few months a while back ut he left without much explanation.
I see the benefits of the merger being CCE gets VSG's US distribution experience and contacts, VSG gets CCE's European distribution and contacts and most importantly CCE will get VSG's CEO.
There is a good chance this will happen as the merged entity will have a majority of VSG (53%).
If it all comes together and VSG CEO (i forget his name) gets the job I will buy as it the company has a chance.
VSG
visiomed group limited
CCE has not failed due to lack of cash or a bad product but due...
Add to My Watchlist
What is My Watchlist?