The Chinese definitely stole that thing for a song. The magnitude from cost-to-purchase-price is incredible. Not even close to pennies on the dollar.
hey no doubt but it clearly calls into question original cost.
It should be remembered that Fedex, I believe, scored a similar deal when it bought the former Cubi Point NAS facilities at Subic Bay from the Philippines to serve as their Asia hub.
The acquisition means jobs for Spain as the distribution center ramps up production. All in all, this is a good deal because it turns a failure into a success.