AMTD Idea Group "The PRC government’s significant authority to intervene in or influence the Mainland China operations of an offshore holding company at any time could limit our ability to transfer or use our cash outside of PRC, and could otherwise result in a material adverse change to our business operations, including our Hong Kong operations, and cause the ADSs to significantly decline in value or become worthless."
Solventum, which is currently a wholly owned subsidiary of 3M, was formed to hold the Health Care
Business.
3M intends to separate Solventum from the rest of 3M by distributing at least 80.1% of the outstanding Solventum common stock to 3M shareholders on a pro rata basis as of the record date for the distribution.
In each of the last three years, we have generated over $8 billion of revenue, $1.7 billion of operating income, and $2 billion of adjusted operating income.
AMTD Idea Group "The PRC government’s significant authority to intervene in or influence the Mainland China operations of an offshore holding company at any time could limit our ability to transfer or use our cash outside of PRC, and could otherwise result in a material adverse change to our business operations, including our Hong Kong operations, and cause the ADSs to significantly decline in value or become worthless."
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Talking about net cash, energy-related businesses at <2x EV/EBITDA
https://jaminvest.substack.com/p/odd-lots-3-dolphin-drilling
thanks i am sure its takes time to put out this quality work.
much appreciated
It certainly does. Thanks
Appreciate the $ACRS shout-out Toff. Hope you're well and that you managed to profit off $YELLQ.
3M spinning off Solventum:
Solventum, which is currently a wholly owned subsidiary of 3M, was formed to hold the Health Care
Business.
3M intends to separate Solventum from the rest of 3M by distributing at least 80.1% of the outstanding Solventum common stock to 3M shareholders on a pro rata basis as of the record date for the distribution.
https://d1io3yog0oux5.cloudfront.net/_c0dbf18db18296b0e0138affd84a6db7/3m/files/pages/3m/db/3298/description/Solventum_Form_10.pdf
In each of the last three years, we have generated over $8 billion of revenue, $1.7 billion of operating income, and $2 billion of adjusted operating income.
thank you - have you come across write-ups on Svitzer, FYBR US and/or DSM?
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