There is a risk of a new financial bubble due to the low interest rates, the Dutch association of investment companies NVP warns.
Dutch supermarket firm Jumbo will take over the reigns of La Place restaurants in a deal approved by the administrators overseeing the restaurant parent, V&D’s bankruptcy. Jumbo will initially take over 60 restaurants, the company’s assets and its headquarters, the administrators announced on Tuesday.
The Dutch government should prevent firms from loaning private equity companies money to use for business acquisitions, PvdA Member of Parliament Henk Nijboer said on Thursday. The Dutch labour party MP announced on Thursday he would submit the initiative to the parliament the following month.
Financial directors are more optimistic about the Dutch economic recovery than a year earlier, according to the survey of Dutch CFOs conducted by Deloitte. Still, nearly a third feel unprepared for an economic crisis, and a third believe a new crisis is on the horizon.
The largest rose-growing company of the world, Afroflora, based in Ethiopia and owned by the Barnhoorn family from the Netherlands was taken over by the large private equity company KKR. The buyer will pay $200 million for the major stake of Afroflora.