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Historic Chemicals Downturn Upends a PE Firm’s Big Bet on Sector
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Historic Chemicals Downturn Upends a PE Firm’s Big Bet on Sector

Bloomberg.com·Giulia Morpurgo·4 months ago
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A $10 billion private equity firm that made its name as a chemicals specialist has seen a wave of its holdings fall into distress amid a severe industry downturn, pushing the investor to adapt its strategy.

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