Wednesday, March 7, 2007

Deals in Context ... (Link)

France is selling the Louvre name to Abu Dhabi for a US$1.3 billion package. Beside the aforementioned financial incentives, this deal probably got through due to other lucrative deals between the French government and United Arab Emirates, as suggested in the article. Once again, we see that contracts are embedded in a nexus of contracts. Examining them one by one would be over-estimating the amount of choices an organization, however powerful it is, has.

No comments: