Private Equity - Generally they buy companies, restructure the organisation top to bottom, load up with debt, then sell for a profit. Oaktree has US $180 billion assets under management.
15% ownership of EQR, they now have the power is push the share price down below their original purchase, acquire up to 19% then eventually takeover the business.
Or who knows what will happen, they have zero obligation to report to Australian shareholders.
Ann: EQR acquires Tungsten Producer and Secures $25M Funding, page-44
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