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PCP Loses £679M Fraud Suit Over Barclays Qatar Fundraising

By Christopher Crosby (February 26, 2021, 12:51 PM GMT) -- A London judge ruled that Barclays does not have to pay PCP Capital Partners £679 million ($945 million) despite lying about an emergency fundraising drive, saying Friday that the private equity firm had no chance of getting the financing needed to profit from the deal....

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