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10-11-2021, 06:45 AM | #1 | |||
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Senior Member
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BBC text:
["Fury" about the proposed sale of insurer LV - currently owned by its 1.2 million members - to private equity "predators" Bain Capital is the lead story in the Daily Mail. The paper says private equity companies have become notorious for taking quick profits while slashing jobs and leaving behind long-term problems.] Times Newspaper : [An American private equity group is closing in on a takeover of one of Britain’s biggest mutuals in a deal that could be valued at more than £500 million.] [Bain Capital has entered exclusive talks to acquire LV=, the life assurance and pensions group formerly known as Liverpool Victoria.] Last edited by arista; 10-11-2021 at 06:46 AM. |
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10-11-2021, 08:42 AM | #2 | |||
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self-oscillating
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this is just stupid. There have been countless buyouts of building societies over the years all perfectly fine
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