Ascensus sells for $3 billion after failing to draw buyers for one-third less in 2018, but faith and patience pay off with 50% premium on deal

This is just shuffling assets from one PE investor base to another at inflated values. It says little about the prospects of the operations themselves and more about the continuing fiat currency debasement. Given the Fed has been printing money at a 15% clip for the past 3 years, the real value hasn't really increased at all. 10 years from now it will all become apparent that these "gains" are nothing but inflation expressing itself through depreciating currencies.