When Rutland Partners acquired Maplin in 2014 it funded the purchase with debt.
I wonder if there are any stats on how many takeovers that were 100% funded with debt failed and importantly how many actually got out of that load of debt and became profitable.
My guess that out of 100 the figures are 99(failed) and 1(succeded). Perhaps I am being generous with the '1'.
These companies are nowt more than Vultures.