jeudi 28 septembre 2017

THE QUÉBEC ECONOMY IN DANGER ...





THE QUÉBEC ECONOMY IN DANGER ... 
By Bernard Bujold - 
The acquisition of Jean Coutu is not a good sign for the Québec economy in the long term because if Jean Coutu was controlled by a private family (the Coutu), Métro is a group entirely controlled by its stockholders and may possibly be one day the target of a share buy-back from an outside group. 
As far as Bombardier is concerned, some observers (including myself) are also seeing a possible merger with an outside group, for example a European one. The acquisition of one group by another is always very fragile at the corporate culture level and Tim Horton is the most obvious example of a recent failure (stock transaction in 2014). Since its acquisition by the Burger King Group, it is the deep crisis within Tim Hortons Canadian franchisees. 
To be continued... 
SEE STORY LA PRESSE 
SEE STORY LE JOURNAL DE MONTRÉAL 
SEE STORY THE GAZETTE

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