Summary
You may not have realised it, but you are now an investor in the nation's newest and largest private equity firm - the UK Government.
Since acquiring a controlling stake in Royal Bank of Scotland, and a large minority stake in Lloyds Bank, government spokespeople have been keen to avoid the word nationalisation, vowing that public ownership is a mere interregnum before these banks, refreshed and rejuvenated, can be returned to private ownership. This plan of sorting things out and then selling on is the bread and butter of private equity investing.See the full content of this document
Extract
Clear Objectives Vital for Returns
The new kid on the buy-out block has some rather powerful tools not open to us mere private equity mortals, including...
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