You are here

Collapse of Aussie retail giant puts private equity sales in spotlight

Dick Smith Electronics latest among firms bought out by investors then sold to public before floundering

3710109926.jpg
The collapse of Australia's biggest electronics retailer on Tuesday, just two years after listing, has sparked a fresh round of criticism about the swift and often mysterious methods that private equity firms use to prime their investments for sale.

Sydney

THE collapse of Australia's biggest electronics retailer on Tuesday, just two years after listing, has sparked a fresh round of criticism about the swift and often mysterious methods that private equity firms use to prime their investments for sale.

The demise of Dick Smith

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom