Petropavlovsk PLC is pleased to announce that it will release interim results for the six months ended 30 June 2020 and a third quarter sales report for the three months ending 30 September 2020 on Friday, 30 October 2020 at 07:00 GMT (10:00 Moscow). The interim results and sales report press release will be available to view on the Company's website on the same day.
Petropavlovsk PLC is pleased to announce that it will release interim results for the six months ended 30 June 2020 and a third quarter sales report for the three months ending 30 September 2020 on Friday, 30 October 2020 at 07:00 GMT (10:00 Moscow). The interim results and sales report press release will be available to view on the Company's website on the same day.
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
