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Hopa chopper

13 March 2008 By Mike Verdin

Hopa has been forced out of the telecoms group. Its bank, RBS, sold Hopa s last 3.7% stake to pay a margin call. That s a big comedown for a holding company, formerly controlled by Emilio Gnutti, a financier who engineered two TI coups. Not that other TI investors mind.

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