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PE Firms Win £7.4M Costs After Greek Telco Ends €1B Suit

By Richard Crump ( October 19, 2018, 2:50 PM BST) -- Liquidators for a failed Greek telecommunications company must pay £7.4 million ($9.6 million) in costs to dozens of individuals and businesses connected to private equity firms Apax and TPG, a judge in London ruled, finding that the liquidators' decision to suddenly abandon their lawsuit against the two companies made the case one of an "extraordinary nature."...

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