I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management. Marc Rich
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More Quotes By Marc Rich
  1. If you are too proud, you don't do business.
  2. I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The...
  3. I miss New York. I like the country and I like the people. However, the U.S. political and legal system is prone to overreaction.
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