UK Regulator Drops Pursuit of Private Equity Executives Over Price Gouging
The UK's Competition and Markets Authority (CMA) has decided not to pursue a ban against two former Cinven executives who were under investigation for alleged price gouging.
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Private Equity Firms Face Challenges with $34 Billion Exit, TK Elevator Sale to Kone Oyj
Private equity firms are struggling to return money to investors, with Advent and Cinven making a small step by agreeing to sell TK Elevator to Finland's Kone Oyj.
TK Elevator Sale Highlights Private Equity Success
The sale of TK Elevator to Finnish lift maker Kone demonstrates that private equity firms Cinven and Advent continue to find success in the sector, with the deal showing an upward trend.