Half of buyouts hang in the balance

Nearly half of the $660bn (€465bn) in leveraged buyouts announced this year are still pending as challenging credit conditions raise questions about whether many deals will survive.

New data from Dealogic shows that $298.8bn worth of this year's buyouts still have not closed. There has been $660bn in private equity deals announced this year.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire