So this is what we are paying Hurley to spend his time on!
Good news is that it may be the catalyst for an offer for the group.
In term of the deal, I'm a bit rusty on the details of the European deal, but from memory I thought the debt had been written off in exchange for RBS being issued an equity interest in DUKE. So, what debt is being paid off?
anyway, have to have a proper look later.
ann - management buy out of europe business, page-3
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