The end is nigh, says Time. The LBO window is going to slam shut sooner rather than later – and the private equity groups are scrambling to put pen to paper on deals before that happens – with an ensuing rise in unseemly deal-jumping, previously considered a no-no under the unspoken etiquette of the private equity elite.
So there it is – the impending demise of the monster buyout game, as called by Time. According to the magazine it really is all over for the top slice of the industry that has attracted untold attention, controversy and criticism.
All set for a multi-billion haul of deal making on Monday then?