UK-based financial services restructuring company Resolution Ltd. Monday said it has been invited by certain investors in Bradford & Bingley PLC to lead a ÃÂ£400m (Ã¢ÂÂ¬506.6m) capital injection and block a rival financing plan involving TPG.

Resolution said its proposal would result in a capital injection by existing B&B investors to replace TPG's proposed capital raising and a restructured rights issue.

Resolution may lead B&B ÃÂ£400m capital injection

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

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