Vast profits, huge debts… but few rules: The vital questions over the UK's £52bn selloff shock
Private equity firms buy up large stakes or gain control of businesses with the aim of disposing of them in a few years time at a handsome profit.
Private equity firms buy up large stakes or gain control of businesses with the aim of disposing of them in a few years time at a handsome profit.
ITV valued at £5.2bn amid fresh speculation it has become a prized target for predators By Matt Oliver For The Daily Mail Published: 22:01 BST, 18 May 2021 | Updated: 22:45 BST, 18 May 2021 Takeover fever in the entertainment industry has sparked fresh speculation that UK broadcaster ITV could be snapped up. The FTSE … Read more
Stellantis becomes the world’s fourth biggest car maker after Fiat Chrysler Automobiles and Peugeot-Citroen owner Groupe PSA complete $52bn mega-merger Fiat Chrysler Automobiles (FCA) and Citroen-Peugeot owner Groupe PSA have completed the $52billion merger Stellantis will be the fourth largest car maker behind Toyota, VW and Renault-Nissan By Rob Hull For Thisismoney.co.uk Published: 15:59 GMT, … Read more
Covid loans hit £52bn: Fears firms will be saddled with debt they won’t be able to pay and taxpayer will be left to foot the bill By Daily Mail City & Finance Reporter Published: 22:01 BST, 11 August 2020 | Updated: 22:50 BST, 11 August 2020 As of August 9, the total lent to 1.2m … Read more
BP’s prized dividend faces chop after Covid triggers £5.2bn loss BP is scheduled to unveil half-year figures on Tuesday City analysts said BP could cut or shelve its payout alongside the figures By Ben Harrington For The Mail On Sunday Published: 22:31 BST, 1 August 2020 | Updated: 23:02 BST, 1 August 2020 BP is … Read more