News roundup—4th September 2008

News roundup—4th September 2008

From the Financial Times: “Bridgepoint has
bought a large chunk of debt in Fat Face, the UK fashion
retailer it bought last year at the top of the buy-out boom, in
the latest sign of private equity groups taking advantage of
the troubled debt markets.”

eBay has made its community site
an online store, selling, as SmartPlanet put it, “everything from
fair trade Costa Rican coffee to toxin-free skin cream from
London”. All products are sold at fixed prices and in US
dollars, although eBay plans to expand the site into Europe.


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