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Private Equity, page-91

  1. 13,949 Posts.
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    WPL have no choice. All they can do is offer someone their hard earned cash. JVs usually have pre-empt rights. If the other partners are cashed up or have access to other peoples money they might pre-empt. WPL has no control over that, they seem to be doing a few deals but how many complete is out of their hands.
 
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