March 20, 2012

Terra Firma’s Hands says good deals tough to find

Terra Firma’s Hands says good deals tough to find

photoPARIS (Reuters) – Terra Firma Capital Partners still has 1.1 billion euros (953 million pounds) to invest that it is finding hard — although not impossible — to put to work, its founder Guy Hands said in an interview on Wednesday. Hands, who is perhaps best known for the collapsed buyout of music group EMI, also spoke enthusiastically about potential European bargains that he said could become available starting in 2013. For now, though, Hands, looking to spend the remainder of a fund that started with 5. …