This case is the use of American Depositary Receipts (ADR) program in the context of an overall restructuring plan that the students were asked to rate. Warehouse New Zealand-based conglomerate in recent months is worse in the New Zealand market. Analysts began to speculate that the company is suffering from a certain "conglomerate discount." In June 2000, in an attempt to improve the situation, Deutsche Bank Alex Brown (DBAB) proposed a strategic review of the company.
This Darden study. "Hide
by Susan Chaplinsky, Wenyong Wang, Gitanjali Pundir Source: Darden School of Business 19 pages. Publication Date: May 13, 2004. Prod. #: UV0279-PDF-ENG