peHUB First Read
Some links to kick off your Friday…
* Bain Capital today is expected to announce that it’s leading a $2 billion-plus buyout for telecom equipment company 3Com, according to the WSJ. Sure the share price is in the low single digits, but it’s still a sign that the big LBO firms are beginning to stir from their new deal slumber.
* McKinsey says that successful private equity deals are formed by superior corporate governance, not financial engineering. Why can’t it be both?
* Five tops to spot a hot (or not) IPO.
* That $200 billion Chinese government fund is being launched on Saturday.
Related posts:
