Street Talk
Meet the Hong Kong buyout giant causing issues for PEP and Carlyle
Here’s an eleventh-hour plot twist to the auction of billion-dollar waste advisory and collections business Waste Services Group.
Private equity rivals Pacific Equity Partners and The Carlyle Group, as this column reported, have been energetically crossing swords for WSG and submitted binding offers to owner London-based private equity firm Livingbridge last week.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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