It is Wednesday afternoon, just hours after Rory Godson announced the sale of his communications business Powerscourt for an estimated £50 million. The buyer is Morrow Sodali, a US-based advisory firm backed by TPG, the $139 billion alternative asset manager co-founded by the legendary corporate powerbroker David Bonderman. The story had broken the day before when Mark Kleinman, city editor of Sky News, got wind of the deal. Now, twenty-four hours later, the news is official and Godson has just posted a blog post on LinkedIn setting out the rationale for the deal. In it, he stated: “Today we sold…
Introductory offer: Sign up today for just €5 for the first month or €200 for the first year.
Cancel anytime.
Are you already a member? .
