Thursday, May 24, 2018

Exclusive: Bain wins $1 billion rescue of Italian engineer Trevi - sources

By Pamela Barbaglia and Stephen Jewkes LONDON/MILAN (Reuters) - Italian engineering firm Trevi has chosen Bain Capital Credit for a rescue deal worth more than 900 million euros ($1.06 billion), four sources told Reuters. Trevi has done foundation work on the New Library of Alexandria in Egypt, the Tower of Pisa and the sphinxes of Abu-Simbel and is now working on shoring up Iraq's Mosul Dam. But it has become mired in debt which has forced it into a sale

from Latest News Business on Firstpost https://ift.tt/2s88idc
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