Slowdown leads to spike in ‘zombie’ companies close to collapse
Slowdown leads to spike in ‘zombie’ companies close to collapse
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Private equity is quietly filling up with “zombie companies” — stuck businesses that can’t grow, can’t sell, and can’t shut down. The crazy part? It’s way bigger than most people think. #PrivateEquity #Finance #Investing #Markets | Stock Sharks
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China has a problem with thousands of lossmaking 'zombie companies'. Could privatising these struggling state enterprises be the solution? Read more here: http://on.ft.com/2z7aRiU | Financial Times
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