On the subject of the warrently claim by CVC how did a group that spent so long doing due dilegence commit to buy something that missed its profit projection by so much.
This just does not smell right to me. The accounts are not available for scrutiny and who is to say that the numbers are not manipulated to ensure they can get their hands on the other 35% for next to nothing
Like so much of this it is all done behind closed doors.
Speaking of which having promised the world Wellington Capital have not even delivered the atlas. It is like they have gone to ground in relation to PIF. No news on if they have managed to pay out the pawnshop loan running at 20%.
while not getting their fees apparently I am sure they are recovering some nice fat costs. Time to come clean especially after telling everyone what a good bloke Raptis is.
What does that mean to the fund. Disclosure time me thinks.
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