Reply to thread

How bizarre - so Bernie confesses to making a bribe, a payment which, at the very least, was made with the intention of evading local revenue taxation, and still we have a company out there making such bad decisions that they see an upside in not being allowed to purchase stock in a private equity firm...

My knowledge of the legislation is far from complete, but what makes them think they could force the sale? My understanding of private equity is that any holding must first be offered to the existing investors, and if they decline to make a fair offer then the holding can then be taken to the public market.

Doesn't that mean that Bluewaters could not even have made a legitimate offer until CVC had declined to make a fair offer?

So therefore it seems as if they have buggered up their asset value and are looking for a scapegoat to take responsibility for their own incompetence - standard scumbag investors then...

So, Germany, seems it's a non-Bernie zone, if I were him I'd try to invent reasons to spend more time outside the EU