The auction was not pulled due to unavailability of sufficient financing, but because some private equity firms insisted on valuations that reflected the pre-crisis world, bankers said.
“I was very surprised to hear the argument that the auction was pulled because the banks were not there to finance the ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
