The week in investor relations: Private equity pays top dollar, Engine No 1 invests in GM and UK companies make progress on board diversity - NewsBreak

– Private equity firms are paying premiums for public companies not seen for two decades, according to the Financial Times (paywall). The paper reported that the average premium paid for European companies is 45 percent in 2021, the highest level since data firm Refinitiv began keeping records in 1980. The average premium for US companies this year is 42 percent, the highest for 22 years. Some bids have gone much further and offered 'almost 70 percent above the prior share price,' noted the article.