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The Destructiveness Of Private EquityMannerisms - The scale of the destruction wreaked on NXP by its private equity owner KKR was further revealed in NXP's Q2 results.Aug. 20, 2010 |
The scale of the destruction wreaked on NXP by its private equity owner KKR was further revealed in NXP's Q2 results.
NXP's Q2 statement says that the purchase price paid for 80.1% of NXP was $10.601 million. At last week's IPO of NXP the market put a value of $3.490 million on the whole company, so valuing the 80% stake at $2.790 million..
