Locusts No More

" A year ago, Germany’s labor minister likened foreign investment firms to a swarm of locusts — a comment that appeared to bode ill for buyout funds’ prospects in that country.  But Monday’s deal with Blackstone Group, in which Blackstone will pay $3.3 billion for a 4.5 percent stake in state-controlled Deutsche Telekom, suggests that fears of a Teutonic chill were overblown, analysts said."

Dealbook, on Germany, locusts, private equity.