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The financial crisis slashed the value of their equity investments.
Since then, the financial crisis and recession have slashed the value of its assets.
In April, the company recorded a £6.4bn pre-tax loss, after Lewis slashed the value of its property portfolio as part of an accounting overhaul.
Tata Steel slashed the value of its UK business by £862m on Thursday after announcing plans last month to cut 1,200 jobs.
One of the private equity backers of New Look has slashed the value of its holding in the fashion chain by nearly 50%.
The owner of Five, RTL, yesterday slashed the value of the television company by more than half, blaming conditions in the advertising market.
Similar(30)
This strategy has helped Elahian avoid some of the investment fads that swept through Silicon Valley, although the tech-industry doldrums have slashed the values of his publicly traded companies and delayed returns in his privately held ones.
Disappointing earnings helped slash the value of the company.
Glovis shares plunged as much as 14.5percentt, slashing the value of the stake.
Since then, BT has been forced to slash the value of Global Services by £340m.
The company reported a £6.4bn annual loss in April after slashing the value of its property portfolio.
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