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Guy Hands' backers emerge for €7bn Viterra deal

Citigroup and five European banks today emerged as the backers for Guy Hands' €7bn ($8.8bn) acquisition of Viterra, the German private housing company, according to sources close to the deal.

Citigroup leads a syndicate comprising Barclays Capital, EuroHypo, Royal Bank of Scotland, HVB and Société Générale to provide a total of €6.5bn of debt in two separate transactions.

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