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He also worked in private equity at Providence Equity Partners and Summit Partners.
So what makes them equity at all?
"Both have equity at stake.
The package values the company's equity at $2.3 billion.
Most of them are my own equity at the moment.
Return on equity, at 5%, is just about the lowest of its American peers.
"That's private equity at work," continues the narrator, as the music strikes a satisfying chord.
In 2012 it made a takeover bid valuing Orient's equity at $1.3 billion.
JPMorgan Chase's return on equity, at 13%, lags that of most of its peers.
Using Ford's trading multiple, for example, would value Chrysler's equity at just $7.4 billion.
That would value Manchester United equity at just over $3.3 billion.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com