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BlackRock, Pimco Hire Lawyers Over Faltering Virgin Media Deal

Bloomberg Markets·October 14, 2026·1 min read

Virgin Media O2's largest creditors, including BlackRock and Pimco, have hired lawyers at Milbank LLP after a UK regulator raised concerns over a deal that would have provided the company with much-needed cash, according to people familiar with the matter. The faltering deal now faces regulatory hurdles, prompting legal preparations.

Read at Bloomberg Markets
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