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| Groupe Eurotunnel recognised for Best Financial Deal of 2007 The "Club des Trente" (Group of 30), composed of the Chief Executives and Finance Directors of the largest listed French companies, named Groupe Eurotunnel as laureate of its Best Financial Deal of the Year award. This award is for the financial restructuring of the group. For the Club des Trente, "this operation has, above all, enabled an emblematic European company to be saved and has preserved value for retail shareholders through the use of a large palette of financial and legal innovation". Having preserved shareholders interests to a maximum, this restructuring enabled the reduction of the debt by €5 billion, bringing it down from €9.2 billion to just €4.2 billion. write your comments about the article :: © 2008 Construction News :: home page |