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Hands Says Citigroup Banker Tricked Him in EMI Bid
Published October 20, 2010
Hands Says Citigroup Banker Tricked Him in EMI Bid
Guy Hands, whose Terra Firma Capital Partners Ltd. paid $ 6.7 billion for EMI Group Ltd. at the height of the buyout boom in 2007, says he was tricked into overpaying by a Citigroup Inc. banker.
Read more on BusinessWeek
Dirty tricks alleged in .9b EMI sale
Guy Hands, whose Terra Firma Capital Partners paid US$ 6.7 billion ($ 8.9 billion) for EMI at the height of the buyout boom in 2007, says he was tricked into overpaying by a Citigroup banker.Hands is going to try to prove in a trial…
Read more on The New Zealand Herald