Download PDF Introduction – The Crisis of Greensill Capital Firms come and firms go, some find long-lasting success, while others start from bright start-up ideas but end up in the graveyard of business ideas in a matter of years. Greensill Capital had the potential to be in the first group, Read more…
Intro There has been a growing interest among private equity firms in the past 5 to 6 years towards sports. During these past recent years, the sports industry has become a major economic sector, exceeding €600bn in value and growing at around 7% annually. The sports’ market is divided into Read more…
Private Equity Industry Overview Private equity is like home flipping, but with large corporations instead of dilapidated houses from the 1970’s. Only rather than having profits in the tens of thousands, it’s in the tens of millions. The private equity industry, pioneered in the 1970’s by the likes of KKR Read more…
FirstRand Ltd (FSR:SJ) – market cap as of 11/10/2017: ZAR295.3bn Aldermore Group Plc (ALD:LN) – market cap as of 11/10/2017: GBP1.07bn Introduction FirstRand and Aldermore, as of 6 November 2017, have agreed upon merging in a £1.1bn deal, at 313 pence per share in cash which implies a 22% premium Read more…