back to article CEO of Brit giant Daisy Group in talks to take biz private

Matthew Riley, the man in charge of perpetually hungry comms and tech titan Daisy Group, is part of a consortium that has made advances to buy the LSE-listed biz. The group today confirmed it “received an approach” on 27 July from its largest shareholder Toscafund Asset Management LLP and Penta Capital, as well as Daisy chief …

Anonymous Coward

Fast bucks to be made...

Smash and grab raid. Three loss-making operations, saddled with combined long term debt of over 300m. Mould all three, re-shape, re-capitalize and hey presto, sail of into the sunset (still making a loss maybe) but offering value to another bigger player. Great, playing with investors money...

0
0

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Forums

Biting the hand that feeds IT © 1998–2017