2 ms·
I have no sympathy for any company that does this type of private equity money shenanigans. It’s entire purpose is to make the investors rich in the short term
by scarface_74 2y ago
I have no sympathy for any company that does this type of private equity money shenanigans.
It’s entire purpose is to make the investors rich in the short term without thinking about long term issues PE firms do this all of the time in the US
> It’s worth remembering that back in October 2023, ams OSRAM signed a $420 million sale-and-lease-back agreement with a pool of three Malaysian pension funds. OSRAM was retaining ownership of the equipment, selling the building, and leasing it back from the investors, with an option to buy it back in ten years.