The new-economy vultures
Article Abstract:
Private-equity funds in the US had attracted almost USDlr190 bil by 2000, but the performance of many of the investments has been poor. It is thought that USDlr20 bil of private-equity investments could now be up for sale. Much of the investment went into new technology firms.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
The bartered bride
Article Abstract:
Singapore Airlines has acquired a stake of 49% in Virgin Atlantic, which has seen pressure on its profits due to price competition in the market for transatlantic flights. Richard Branson argues that he will relinquish control of Virgin Atlantic, though he has previously sold businesses. He plans to invest in internet and telecoms activities. He argues that capital gains rather than profits are his goal. His aim to develop Virgin.com as one of the biggest three portals world wide may be too ambitious.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Branson and the money-men. Mercury falling. The A to Z of B2B
- Abstracts: Oil and the new economy. Whither? Oil's taxing times
- Abstracts: Who owns the knowledge economy. A little knowledge.... Hatching a new plan
- Abstracts: What to do about Microsoft. Breaking up Microsoft. Remedies for Microsoft