EMI: the £4.2bn deal that turned the best of friends into bitter enemies

Guy Hands of Terra Firma and David Worsmley of Citibank were once inseparable; tomorrow they face each other in a New York court in one of the most sensational financial trials for yearsThey ate and drank together at London's most expensive restaurants. There were shooting weekends and trips to the opera with their wives and colleagues. Guy Hands, the billionaire private equity baron, and David Wormsley, a senior banker at Citigroup who advised Hands on deals worth £34bn over 10 years, were ver...

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