How do you save a stock market from private equity? That is – or at least definitely should be – a question on the mind of UK policymakers. There were 11 “meaningful bids” for UK-listed firms in the third quarter says investment bank Peel Hunt Ltd., making a total of 40 for the year so far. Add in the bids announced last year and completed delistings, and the value lost to the listed market is about £97 billion ($126 billion).
The question is also increasingly on the mind of officials in Japan, where if anything the value in the market ...