FT News Briefing A wave of private equity buyouts in the UK prompts concern
Jul 8, 2021
Donald Trump is making headlines with lawsuits against major social media platforms, claiming censorship. Meanwhile, the Delta variant is raising alarm as infection rates spike, particularly in Europe. The podcast delves into the surge of private equity buyouts in the UK, with brands like Morrisons in the spotlight, and explores public concerns about these takeovers in a changing economic landscape. Additionally, South Africa faces political upheaval with the arrest of Jacob Zuma, adding to the complexity of global economic dynamics.
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UK Private Equity Targets
- Private equity firms are increasingly targeting well-known UK companies.
- This shift from lesser-known businesses has sparked public debate and concern.
Factors Driving Buyouts
- Brexit and the pandemic have lowered the valuation of UK companies, making them attractive targets.
- The UK's successful vaccine rollout also makes these companies appealing for future recovery.
Public Concern Over Buyouts
- The acquisition of household names like Morrisons and Asda has heightened public awareness and concern.
- People are more attentive to these companies due to the pandemic's impact on grocery shopping.