Michael Dell – Chairman and CEO, Dell Technologies Dell Technologies has taken its first step in restructuring its Australia and New Zealand management team, fresh from closing its multi-billion dollar merger of EMC. In APJ countries with both mature enterprise and commercial markets, including Australia and New Zealand, ARN can confirm that there will be…
Pursuant to the terms of the indenture (the “DIP Warrant Indenture“) governing the warrants issued as part of the debtor-in-possession financing (the “DIP Financing“) made available in connection with the Creditor/Catalyst Restructuring Transaction (the “DIP Warrants“), October 3, 2016 has been designated as the “Anticipated Exit Date” (or the expected Implementation Date). The record date…
Thai Bev’s Chief executive Thapana Sirivadhanabhakdi. Thai Beverage Plc (ThaiBev) will aggressively boost its business footprint in Asean through mergers and acquisitions, including a further stake in Vinamilk, Vietnam’s largest dairy producer. The moves will help ThaiBev achieve its goal of becoming a leading, sustainable drinks company in Asean by 2020. Chief executive Thapana Sirivadhanabhakdi…
As many of you know, Nelly is facing some serious debt. Not only does the 41-year-old owe the Missouri Department of Revenue $149,511 in unpaid taxes, he was also hit with $2,412,283 federal tax lien last month. The amount is insane, but sources close to the St. Louis rapper assured everyone he was working with…
Scott Coulter said Comvita had experienced softer trading conditions as a result of the slowdown in demand in the Chinese market. Photo/ Greg Bowker Comvita staff around New Zealand are heading homewith the news restructuring could mean redundancies for some. Comvita chief executive Scott Coulter said all staff at the Paengaroa office were called together…
Elders is expecting underlying earnings to jump as much as 24 per cent after it decided to stop exporting live animals to China. But live exports to other Asian nations will continue. Currently, most of Elders’ long-haul business involves sea shipments of dairy and beef breeder cattle to China. Photo: Michele Mossop The agribusiness has reviewed…
A meeting of the Board of Directors of Orient Paper & Industries Ltd will be held on September 15, 2016, to consider the proposal to raise capital by way of Rights issue of Equity shares. The Board will consider various options for business restructuring of the Company. Further, in terms of Company’s Code of conduct…
Ahead of the start up of its second unit at its Queensland gas export project, Origin Energy has moved to replace its longstanding chief executive, Grant King, who is to be replaced by an internal appointment, Frank Calabria. HIs appointment is likely to rekindle speculation of a potential restructuring of the group, splitting into its energy…
Author: European Commission. The following press release was issued by the European Commission on September 8, 2016 20:30. Ladies and gentlemen, Im delighted to be back at Eurofi. At one of your previous conferences in Riga, I spoke of the financial sectors unique role in supporting growth in Europe. Today, Id like to set…
Ashok Leylandwas down 0.73% to Rs 87.85 at 10:00 Iston BSE, with the stock witnessing intraday volatility after the company announced a restructuring agreement with Nissan Motor Co. The announcement was made after market hours yesterday, 7 September 2016. Meanwhile, the S&P BseSensex was down 12.69 points or 0.04% at 28,913.67. …