Crunch day for Yellow and Impey; details spilled about haircut for banks

A crunch vote tomorrow will see whether lenders to troubled directory group Yellow Pages are willing to take a haircut exceeding 50%.

If the deal is approved, a new board is likely to be elected and market speculation has linked former Mediaworks CEO Brent Impey with a directorship.


Want to read more?

Choose a Subscription type that's right for you HERE
Already have an account? Login