Financial Times FT.com

Samsonite joins list of debt-for-equity groups

By Martin Arnold in London

Published: June 1 2009 03:00 | Last updated: June 1 2009 03:00

What do a US luggage company, an Italian luxury yacht maker and a Spanish hospitals group have in common?

They are all businesses bought by private equity at the peak of the credit bubble that have been bailed out by their lenders .

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