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| 2013 | Yellow Media Ltd : Canada's Yellow Media to cut 10 percent of workforce | RE |
| 2013 | Hibu PLC : Yellow Pages publisher Hibu to be handed to lenders | RE |
(Reuters) - British directories publisher Hibu Plc reached an agreement with a co-ordinating committee of creditors for them to take control of the company, ending a near two-year struggle to rein in debt.
Hibu said its debt of 2.3 billion pound will be exchanged by lenders for all of the equity in a new group holding company that will own key Hibu subsidiaries.
The deal is subject to the approval of lenders holding 75 percent of the debt, the company said. The co-ordinating committee represents 32.8 percent of Hibu's debt.
(Reporting by Roshni Menon in Bangalore; Editing by Saumyadeb Chakrabarty)
| 1st Jan change | Capi. | |
|---|---|---|
| +18.66% | 414B | |
| +15.27% | 242B | |
| +20.63% | 104B | |
| +17.19% | 83.87B | |
| +54.11% | 57.64B | |
| +33.59% | 53.37B | |
| +6.02% | 37.83B | |
| +15.88% | 34.11B | |
| -8.32% | 23.18B |
HIBU PLC 
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