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Permira, Candover, Cinven lose control of Gala Coral

Author: Deborah Sterescu
UK unquote | 15 Mar 2010 | secure

Gala Coral's fate is understood to have finally been sealed after its lenders have agreed to a long-awaited restructuring deal that will see Gala's mezzanine creditors take complete control of the business from private equity owners Permira, Candover and Cinven.

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