A Sell-Off Isn't the Right Reward for Success at Ici W
Evening Standard - London › June 20, 2007
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Summary
WHETHER or not ICI succumbs to a takeover in the next few weeks, its recent history has two lessons which the rest of British business will ignore at its peril.
The first is perhaps the most topical.See the full content of this document
Extract
A Sell-Off Isn't the Right Reward for Success at Ici W
Ten years ago, the then management of ICI took a huge gamble when it decided to get out of bulk chemicals and buy the more upmarket, higher-value-added chemicals business of Unilever food additives, starches, ingredients of margarine and the like, rather than fertiliser and expl...
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