Macquarie Is in Charge and Alarm Bells Are Ringing

Evening Standard - London › April 24, 2007

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Summary

ANOTHER week, another private-equity PR blunder.

Macquarie buys Airwave, which supplies secure mobile phone services for the fire service, ambulance and police, from O2 for Pounds 1.9 billion. An hour later, it closes the final-salary pension for the employees.

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Extract

Macquarie Is in Charge and Alarm Bells Are Ringing

Phew even by the abysmal standards of the private-...

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