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Buyout Firms Hunt for New Ways to Exit Amid IPO Slump [Yahoo! Finance]
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their stakes to rivals - as they hunt for ways to return cash to investors, according to one of Europe's largest buyout firms. Most Read from Bloomberg US Inflation Data Was Accidentally Released 30 Minutes Early Slovak Premier Fighting for Life After Assassination Attempt US Inflation Ebbs for First Time in Six Months in Relief for Fed China Considers Government Buying of Unsold Homes to Save Property Market Xi Tells Putin China-Russia Ties Should Last ‘Generations' Some private equity firms are under pressure from their limited partners to consider these novel options, EQT AB Chief Executive Officer Christian Sinding said at the Qatar Economic Forum. “Right now, there's a big push for various forms of exit in our industry from all of our companies.” Sinding said in an interview with Bloomberg Television. “We've invested a lot of capital in our whole industry but we haven't been able to do enough exits.” Private equity relies on the cycle of raising money to make ac
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- News updates from October 31: S&P 500 ends winning streak on tech sell-off; Apple beats expectations on higher iPhone sales [Financial Times (FT.com) (UK)][Financial Times]
- The iPhone 17 might use Apple's own Wi-Fi chips [Verge, The][Verge, The]
- Apple reports better-than-anticipated Q4 revenue, earnings hurt by EU tax payment [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Apple sales rise 6%, company seeing early iPhone 16 demand [MSNBC.com][MSNBC.com]
- Apple sells $46 billion worth of iPhones over the summer as AI helps end slump [CBS News][CBS News]
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