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The downstroke of PE in France
Imported from America and Britain, the leveraged buyout entered the French financial universe in the mid-1980s and over time became a mainstay of Gallic high finance. To the chagrin of linguistic purists, an Anglo-inflected tide of terms and acronyms like "junk bond" and "LBO" swept into the lexicon. In the ensuing years, the trajectories and traits of the French and the American buyout markets have largely mimicked each other, from their cyclical peaks and valleys to the divided views on the part of the public toward the phenomenon of leveraged buyouts.
Source: The Deal Pipeline