“Our strategy to aggressively grow the company's capability and reach into the Asian region and will position the company to produce sustainable long term superior returns.”
“In logistics, big is beautiful. Scale is very important particularly where you've got infrastructure assets. So for us, it's about having the footprint across as many countries as possible. But it's also about having the scale to reduce processes and have a cost effective operation.”
“I'm confident now that the choice will be a simple one and will be clearly put. The main purpose sitting behind the acquisition of Patrick was to allow us to offer this cross- border supply chain service to our customers.”
“Even worse, what could have motivated him to 'sell out' to his former 'ministry' of persecuting the Christians when he was convinced that it was God's will? From his point of view, why would he risk the damnation of his own soul by converting to what he perceived as anti-Jewish beliefs?”
“We've lost none of our enthusiasm for the Patrick deal but clearly it needs to be restructured. We believe any restructured bid would need to contain more cash.”