Screensport am Dienstag
… WeiterlesenWhereas buy-out groups consider America a maturing market, they regard the old world, especially continental Europe, as a land of promise […]
“Activity levels are frenetic,†says David Law, who runs the European private-equity department of Morgan Stanley, an investment bank. According to Mr Law, no European company with a market value of between €1 billion and €10 billion is safe from the industry’s advances.
Thriving credit markets have helped buy-out firms raise plenty of debt to pay for acquisitions. In addition, several have recently raised large new funds from investors […]
However, the debt markets are beginning to discriminate. VNU, a Dutch business-information company bought by a private-equity consortium earlier this year, was forced to pay more on a bond deal finalised this month than bankers had expected.

