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Value Creation Forum: Beware companies with 'covid steroids in the system'

Dec 07, 2020 - Private Equity International

Private equity firms must be cautious of businesses that look deceptively appealing because of the pandemic, a virtual conference has heard.

Speaking at Private Equity International's Value Creation Forum: Asia last week, Tim Sims, co-founder and managing director of Australia's Pacific Equity Partners , said certain assets are being put up for sale while enjoying a spike in activity relating to the health crisis.

"There are people wanting to sell right now because the...