Exactly seventy years ago today, in the small but strategic Belgian town of Bastogne, the 101st Airborne Division and elements of the 10th Armored Division of the United States Army were completely surrounded. Lacking proper winter uniforms and equipment, the American troops slept in foxholes during the bitingly coldest European winter of perhaps the
Private Equity Case Study: Emerging Markets
A large private equity firm contemplating an emerging markets acquisition.
A private equity fund was in a competitive bid situation to acquire a retail store chain in Eastern Europe. While the deal appeared attractive in local currency, it was uncertain when translated in USD. In addition,