08-02-2015, 11:11 AM
They are indeed divesting (part of) the rail division. But the IPO price will be impacted by the division performance.
They might have to pay the TTC penalty anyway, but what they need to do is correct the problems so that the delays are not endemic and the division can start delivering on schedule again.
P.S. Strictly speaking, the proof of the pudding is in the eating ...
They might have to pay the TTC penalty anyway, but what they need to do is correct the problems so that the delays are not endemic and the division can start delivering on schedule again.
P.S. Strictly speaking, the proof of the pudding is in the eating ...