Brookfield's opening bid for Reliance was the 2018 rights issue price, to the cent.
Four bids, five months, A$4.75. Reliance spent eight years and A$1.22 billion becoming the company Brookfield now buys for the 2018 rights price plus 14%.
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The Simple Reason AI Strategies Keep Falling Short
Your portcos are wasting tokens and proliferating amateur decision-making Sponsored by Fine Tune Expense Management By Rich Ham Companies are spending big on AI now, and often for good reasons. The range of potential applications keeps expanding, and every portfolio company seems to have another process somebody believes can
Online art sales hit a six-year low. The expensive lots barely went online.
Online art sales fell to $9.2 billion, their lowest since 2019, while the wider market grew. The price mix explains why.
What Is Revenue Operations (RevOps)? A Plain-English Definition for PE-Backed Companies
RevOps aligns marketing, sales and customer success on one funnel, one data set and one owner. What it is and when a PE portfolio company needs it.
McKinsey says AI-led companies are worth 31 times revenue. The sample is 21.
McKinsey's new report finds a 130 per cent AI premium in private equity. The top tier behind the 31 times revenue headline holds 21 of 471 companies.