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Ex-Billionaire Fights UBS Bid to Foreclose on London Home

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UBS Group AG is trying to foreclose on a 20.4 million-pound ($26.6 million) mortgage loan on former billionaire Vijay Mallya’s London house, which overlooks the capital’s Regent’s Park. The bank is seeking possession of the property, which Mallya — an Indian tycoon who’s battling extradition in a separate case —…

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