I had a vision in a dream last night that this was the result of a bet made between CEOs during a golf game in Dubai. The Sinar CEO lost and got purchased.
Other possible explanations:
- Sinar was about to undergo a hostile takeover by a Chinese bicycle manufacturer,
- An Accenture consultant freshly graduated from Imperial Collegue, son of a famous Goldman trader, issued a 534 pages report proving without the shadow of a doubt that this was the best tax evasion strategy which enabled his father to sell his Sinar shares at a +30% premium, a key condition to kick off the build of his new 52m yacht,
Or...
Leica realized that they had to enter the separate back market but didn't want to do it without offering a matching view cameras built by the highest standards and decided that Sinar was the right partner to deliver such a platform?
Cheers,
Bernard