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Cash dash

14 May 2021 By Dasha Afanasieva

Britain has drawn two-thirds of Europe’s $21 bln of take-private deals this year. That will rise if KKR and Cinven clinch John Laing and Sanne. A fast recovery helps, but many takeovers look pricey. The problem is that cash-rich buyout barons have little choice but to spend.

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