UK / Ireland

PIK your partners wisely

Written off as a bubble phenomenon, PIK is creeping back into companies in distress. This is likely a sign of future troubles. Kimberly Romaine reports

Party like it's 1988

It should come as little surprise that the recent uptick in M&A activity is largely on the back of distressed parents selling off non-core, albeit sound, assets. This was, after all, what many had been betting on, and why so many private equity houses...

Counting the cost

The increasingly fraught economic climate continues to put pressure on buyout houses to preserve the value of their existing portfolios in order to survive