Actor Sonja Morgenstern, a German national who has lived in London since 1996, p...
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German $6 bln non-LBO is sign of lean buyout timesHellman & Friedman and Blackstone are buying classifieds group Scout24. They can’t pile much debt on it, and the return looks way off the level investors usually expect. With buckets of cash, private equity needs to do deals. Buying fast-growing targets offer a little security.
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