Showing posts with label KPMG raising capital money debt loan Anastassia Kobeleva Loewen Partners. Show all posts
Showing posts with label KPMG raising capital money debt loan Anastassia Kobeleva Loewen Partners. Show all posts

Deal dead and buried

Private equity and debt deal of the century ends. See the full story here.

The key reason why the biggest leveraged buyout ever was killed was that it
didn't live up to a "solvency opinion" -- a declaration by auditor KPMG that the
company would have been solvent after the takeover loaded it with billions in
fresh debt.

Posted by Anastassia Kobeleva