FILE PHOTO: A general view of the lobby outside of the Carlyle Group offices in Washington Thomson Reuters By Sumeet Chatterjee and Kane Wu HONG KONG (Reuters) – Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds…
FILE PHOTO: A general view of the lobby outside of the Carlyle Group offices in Washington Thomson Reuters By Sumeet Chatterjee and Kane Wu HONG KONG (Reuters) – Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds…
Cape Town Telkom [JSE:TKG] announced on Monday that it would be cutting ties with Nkonki Inc as its joint auditors following developments that have led the latter to undergo voluntary liquidation. The company said, as per its announcement in August 2017 it was prepared to procure from Nkonki Inc as its external audit services to…
11:32 07/05/2018 MOSCOW, May 7 (RAPSI) The Commercial Court of Moscow Region has declared one of the former Trust Bank owners Nikolay Fetisov bankrupt, RAPSI learnt in the court. In November, the court initiated the procedure of debt restructuring on the request of Trust Bank against Fetisov. The banks demands seeking 3.59 million euros and…
New reforms, enhanced data analysis and co-operation between agencies are set to clamp down on directors trying to re-birth phoenix companies and clip the wings of unscrupulous pre-insolvency advisers. The Australian economy loses about A$3.2 billion a year through illegal phoenixing activity, and much of this is facilitated by unscrupulous pre-insolvency advisers. In many…
Troubled asset manager Blue Sky has withdrawn profit guidance and flagged changes to its board. Shares fell by as much as 10% in morning trade. The company said it will provide additional information on its assets at half-year and full-year reporting intervals. Asset manager Blue Sky Alternative Investments has notified the market that its withdrawing…