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By 2012 he and some other shareholders wanted to exit, and we decided to seek a replacement capital transaction with private equity. We raised £8 million and i t took about five months from beginning to end which, from prior experience, is neither excessively long nor very quick.
For instance, Tesla's annual audits, reflecting its financial health, build investor confidence and facilitate capital-raising endeavors. Consider the case of HSBC, where a compliance audit in 2012 revealed inadequate AML controls, leading to a hefty fine of $1.9
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