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you'll see from the news that its often that some investor/pension fund/shares situation starts going south
It's usually the private equity sector rather than pension funds who want fast returns, their situation made worse recently by the massive hike in interest rates which makes highly leveraged acquisitions untenable, while simultaneously depressing the value of the core equities which serve as the collateral for the bank debt.
gbj_tester-
Cheers. Finance sector is like witchcraft to me, understand the very basic premise of it, but you can go super deep into just about any market and make sense//witchcraft out of it.
I guess the main thing is keep that ashley lot as far out of the bike industry as possible, as there is no way it is good for any mftr, dstbtr, employee or consumer for that lot to be involved.
BrickMan
Shows how hard the market is in the UK (and Europe also not so hot, but not quite as bad of a slow down) when these guys go out the window, but you'll see from the news that its often that some investor/pension fund/shares situation starts going south and it pulls the capital or available liquidity (right term?) out and causes the business to technically become unable to function, even though it still does in the reality.
Its why bike shops, parts suppliers that become investment opportunities are not sound.
Hope for the workers, apart from whoever made that new website, they get looked after until the end. And that greasy geezer from down south doesn't pick up the remains, read he's already on the case of the German registered part of the business.