James Moore: Candover caught in the BP backwash
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Outlook It looks like the end of the line for Candover, the private equity company which could well wind itself up after its failed takeover last month. Once a king of splashy, high-profile buyouts, the operation's difficulties suggest that the salad days are over for the private equity barons. Much of Candover's problems were caused by being caught in the backwash of BP's oil spill, thanks to its holding in Expro International. But look to financial pollution as the cause as a string of other casualties come to light in the months ahead.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments