News Formal

Tycoons line up to take their unloved companies private

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

LONDON (BLOOMBERG) - Move over, private equity: There are some new buyers in town, and they know their targets better than anyone.. Read more at straitstimes.com.

LONDON - Move over, private equity: There are some new buyers in town, and they know their targets better than anyone.

Companies have already announced US$26 billion of transactions to be taken private by a related party this year, up about 2,500 per cent from the same period in 2019, according to data compiled by Bloomberg. START-UP FACTORY Mr Son, the chairman of SoftBank Group, is revisiting the idea of a management buyout of the Japanese conglomerate, according to people with knowledge of the matter.

The company, backed by the billionaire Samwer brothers, said a stock-market listing is no longer the best way to raise money and it can rely on private funding for future expansion. HONG KONG TYCOONS The trend has also caught on in Asia, where some of the most well-known companies are going into private hands. Indian billionaire Anil Agarwal proposed in May to buy out minority shareholders of his flagship commodities firm Vedanta.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 8. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Tycoons line up to take their unloved companies private[LONDON] Move over, private equity: There are some new buyers in town, and they know their targets better than anyone. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »