The barbarians reach Europe: America's best-known buyout firm is coming to Europe. About time, too, for European companies
Article Abstract:
US leveraged-buyout firm Kohlberg, Kravis, Roberts (KKR) is now buying European companies, starting with the UK. Though some believe KKR has little interest in a company's long-term viability, its objective is to strengthen firms to make them attractive to buyers, which some European firms need.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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Beware the millennium: financial technology
Article Abstract:
Computers around the world are programmed to recognize only the final two calendar digits, making the year 2000 a hazardous statistical time for all, including financial institutions. BankBoston alone estimates that it will cost tens of millions of dollars to correct its computerized records.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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