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The Times
Nervy lenders could put the skids under EMI's buyout deal
The buyout of EMI could become the latest victim of the turbulence in the debt markets, as lenders to its private equity buyers threaten to pull funding of the £2.4 billion acquisition. It is understood that Citigroup, which is financing the acquisition of EMI by Guy Hands's Terra Firma, has not given its approval to extend a key deadline for shareholders to vote on the deal. (26/07) ReadKeyword(s) : Second-hand
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