The company lost a net
965 million, per share gives 1.84 USD. Mainly due to write-offs of giant order of USD 934 million unsold equipment and commitments to suppliers.
It noted thatthe strong decline in revenues, which amounted to “only” $ 1.6 billion. Only in America, the main market for sale decreased by as much as 56 percent. to 610 million.
On Thursday, the company approved a conditional takeover offer made by the largest shareholder, Fairfax Financial Holdigs worth $ 4.7 billion.
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