Finablr stock dives on debt deal in fresh blow to billionaire owner
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LONDON (Reuters) - Shares in payments company Finablr plunged 27% on Friday after it disclosed its majority owner, UAE-based Indian billionaire B. R. Shetty, had pledged over half the company's stock as security against debts it incurred buying Travelex.Another of Shetty's London-listed firms, United Arab Emirates' largest private healthcare provider NMC Health has halved in value after being hit in December by U.S. short-selling firm Muddy Waters.Shetty's Finablr bought British travel money..