Gavin Durston, the chairman if the Eassie Primary Parent Council, told the BBC Scotland news website that children at the school do more PE than the average for Angus and across Scotland.

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The fact that Chinese PE firms do not spend as much time on due diligence enables them to act much faster than their international counterparts, making them extremely competitive when it comes to making deals in China.

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Do not place limitations on things such as PE or other ratios!

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Of course, they do have the option to lift their allocation ceilings to make room for new PE commitments, and available survey evidence suggests a minority may be doing so.

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On the other end of the spectrum, the lack of big blockbusters suggests that PE-backed companies with the financial resources to wait out the market will do just that, if it means a better result for their sponsors down the road.

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