Sep 15th, 2020

Billionaires Line Up to Take Their Unloved Companies Private

Billionaire owners from Japanese tycoon Masayoshi Son to French media magnate Patrick Drahi are looking at removing their crown jewels from the spotlight of public markets. The potential moves to take their firms private mean they won’t have to deal with volatile markets and increasingly vocal shareholders. Henrik Johnsson, global co-head of capital markets at Deutsche Bank, comments on "Bloomberg Markets: European Open." (Source: Bloomberg)