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Al Gore interview: Markets are the key to climate change
THE BUYOUT OF US energy concern TXU by a consortium led by Kohlberg Kravis Roberts and Texas Pacific Group will go down in legend as the high-water mark of the recent private equity boom. The $44 billion deal, the largest leveraged buyout in history, is the RJR/Nabisco of this decade.
As Euromoney went to press in early September, the banks financing TXU were rumoured...
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