Q&A session Peter Ventress and Eric Bigeard

A couple of days ago Dutch financial website IEX published the answers to questions that were submitted by visitors of their website to Mr. Ventress and Mr. Bigeard. I am posting this, because it gives some information directly from the source, but as can be expected, the answers are very predictable and in line with information we already received through other communications from CE about the Lyreco deal. On a question about the better margin of Lyreco, Mr. Bigeard answers that they have a very sophisticated business model, supported by modern distribution centers and a fully centralized IT system. Mr. Ventress answers that CE has a new strategy since October last year. With an answer like this the deal sounds more like a reverse take over, where Lyreco, with the CEO position, will effectively start managing the combined company, and gets paid handsomely for the privilege. (end of post)