Private Equity’s Pandemic Bets Unravel as Normal Life Returns
Some stay-at-home winners that emerged with Covid-19 lockdowns have flopped hard
An employee inspects painted Winora bicycle frames on the e-bike assembly line at the Accell Hunland Kft plant in Toszeg, Hungary, in 2022.
Photographer: Akos Stiller/BloombergThis article is for subscribers only.
Welcome to The Brink. It’s Giulia Morpurgo in London and Libby Cherry in Frankfurt, where we looked at the unraveling of pandemic bets. We also have news on UK universities, Sunnova and J&J. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
In March 2020, the first coronavirus-induced lockdowns altered everyday life dramatically.