November 1, 2015
On the 100th anniversary of the Perth-based conglomerate Wesfarmers last year, Chairman and former MD Michael Chaney was asked what measures he used to decide on acquiring another company. “I use the Three S’s as a guide,” said Mr Chaney,”and they are: Synergy, Strategic and Someone else will do it. If anyone uses these words, then I am not buying!” Management...
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