Tough uphill slog now awaits debt-laden Omnia
The chemicals firm is probably deeply regretting the acquisitions of Umongo Petroleum and Oro Agri
Seeing as the company sits atop a huge pile of debt, there are quite a few decisions that Omnia management wish they had not taken a few years ago.
These include the acquisitions of Umongo Petroleum and Oro Agri, which led to the quick accumulation of debt.
But, as the saying goes, hindsight is always 20-20...