There is an accounting loss, but for the company, it will be good going forward. Will KNM be worth anything after the sale of Borsig? In fact, the issue plaguing the company for the last 10 years has been the high debt level, high interest costs. In two years’ time, it will be a cash-rich engineering company. So basically, you are saying this sale is a good deal for KNM?

Source: The Edge Markets June 14, 2022 13:39 UTC