Private-equity firms are offering more than just money to help combat the coronavirus pandemic.
Although some sponsors are setting up relief funds to help portfolio company employees and communities affected by the virus, many others are leveraging the abilities of their portfolio companies to help governments and health-care workers mitigate the pandemic’s impact.
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Britain mulling new business support scheme - Sky NewsBritain is considering a new bailout mechanism to help firms affected by the coronavirus, Sky News reported on Saturday, saying that individual loans to companies could be bundled together into securities. We're going to start selling toothbrushes and toothpaste Brits! we need SUN. not politicians where is Boris with his no pneumonia? still spending time with his lover instead of leading the nation? whilst they mull, the sme sector implodes. this govt should support its sme's before doling out bailout after bailout for its corporate donors.
Source: Reuters - 🏆 2. / 97 Read more »