Greybull Capital: rescuer of distressed firms or vulture fund? http://bit.ly/2M3KcxG Rob Davies and Rupert Neate The creditor may manage to avoid financial loss once more with British Steel British Steel owner Greybull Capital is a private investment firm with a controversial record, founded by a group of wealthy heirs and run with the help of a former Lehman Brothers banker. It styles itself as a valiant rescuer of distressed businesses but has amassed a questionable roster of firms that it bought for a song only to walk away relatively unscathed after they eventually collapsed. Continue reading... https://ift.tt/eA8V8J May 23, 2019 at 07:00AM

The creditor may manage to avoid financial loss once more with British Steel

British Steel owner Greybull Capital is a private investment firm with a controversial record, founded by a group of wealthy heirs and run with the help of a former Lehman Brothers banker.

It styles itself as a valiant rescuer of distressed businesses but has amassed a questionable roster of firms that it bought for a song only to walk away relatively unscathed after they eventually collapsed.

Continue reading...

from The Guardian http://bit.ly/2M3KcxG