Buyout funds rethink deal financing amid shortage of debt – Reuters.com
LONDON, Dec 22 (Reuters) – Private equity funds are rethinking how they pull off large deals after a 40.4% contraction in global buyout activity amid a shortage of debt financing caused by rising interest rates and banks' reluctance to open their money taps.Blackstone's (BX.N) acquisition of Emerson's (EMR.N) Climate Technologies business in the United States … Read more