Guy Hands , the founder of Terra Firma Capital Partners Ltd., testified in his $8.3 billion fraud suit against Citigroup Inc. that his firm wouldn’t have bid on EMI Group Ltd. if he had known there were no other bidders.
Infinis Energy Plc, a renewable- energy company backed by financier Guy Hands, raised 234 million pounds ($376 million) in its London initial public offering after pricing shares at the bottom of the range.
Guy Hands, founder of Terra Firma Capital Partners Ltd., said he personally funded 20 million pounds ($30 million) of bonuses at his private equity firm last year, and will do the same again this year.
Guy Hands, chairman and founder of private-equity firm Terra Firma Capital Partners Ltd., said economic growth in Europe will remain sluggish and volatility may persist for as long as two decades unless it undergoes a labor-market overhaul.
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, began trial of his claim that he was tricked into overpaying by a Citigroup Inc. banker.