The tumbling stock markets have put off IPO investors, even as PE buyers are still sitting on a record cash pile
Mon, Oct 20, 2014 - 5:50 AM
A model presenting a creation from Jimmy Choo during its 'London Collections: Men' show in London in June. Jimmy Choo had to sell shares at the bottom of its expected price range, a sign that public investors are driving an increasingly hard bargain.
ACROSS Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public stock markets may be good for private equity firms.
Having started the year with a record US$1 trillion cash pile, private equity funds have found few...