Energy going private?
The latest juicy target for private equity (or as DR Australia's Dan Denning calls it, "pirate equity")? Energy firms!
So says a briefing from Citigroup, which notes the high cash flow makes them an obvious choice. Only problem is, two of the most likely firms to be acquired by private equity have already had a huge run-up in their share price.
For individual investors, smarter opportunities in energy lie elsewhere. Byron King from Outstanding Investments lays out some of them for you in this special DR White Paper.