In 2007, at the height of the buyout boom, Guy Hands was riding high. The self-styled king of British private equity had just splashed out more than £4bn to buy EMI and had big ambitions to modernise the British music label, which was home to international artists from The Beatles to Katy Perry.
It would turn out to be the worst mistake of his career.
Within...
Read more on fnlondon.com