Infiltrating the supersecret world of is difficult, so any glimpse into how these firms operate is worth highlighting.
A recent ruling in a 2014 lawsuit over payouts made to private equity owners of Hellas Telecommunications, once Greece’s third-largest mobile phone operator, is a case in point. Even though the lawsuit relates to a transaction that’s almost a decade old, its allegations resonate today as securities regulators and the Internal Revenue Service question private equity practices and increase their scrutiny of these firms.
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