China Merges Mining Assets To Create Rare Earth Mining Giant
Many times when things are not exactly going the way one imagined, bigger corporate entities are being created. I have seen few national champions resulting from such concentration that were well-led. In fact, if the subunits were badly led or had other fundamental problems, those tended to inflate in the bigger unit. More opportunity to hide the bad apples. A single bad apple can spoil the entire barrel – but the entire rest of the barrel could not possibly fix the bad apple. Better leave the good ones in place and cut the bad ones down.
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