Stock Exchange Release Talvivaara Mining Company Plc 20 September 2016 Status of Talvivaara’s reorganization proceedings The Company has started preparations for the conversion issue in accordance with the restructuring programme Talvivaara Mining Company Plc (“Company” or “Talvivaara”) announces that today it has received a statement from the Administrator of its corporate reorganization proceedings…
Comments (0) Management at a green energy technology business say they have completed substantial restructuring after facing financial problems earlier this year. Last March, Loughborough’s Intelligent Energy announced major funding plans had fallen through, with no guarantee future funds would be available. As a consequence the business said at the time it was cutting up to…
Competitors might have been surprised to see JPMorgan Chase & Co. bankers Ricardo Leoni and Daniel Pombo at the negotiating table earlier this year helping Brazilian mining company Samarco Mineracao SA restructure about $3.8 billion in debt. After all, restructuring advice isnt what the New York-based bank is known for in Brazil. Leoni and Pombo are…
BENGALURU: India’s second largest listed real estate developer Prestige Estates Projects plans to raise at least $300 million, around Rs 2,000 crore, by selling up to 40% stake in its rent-yielding commercial assets and has drawn interest from Canadian Pension Plan and GIC of Singapore. The southern developer has hired JP Morgan to advise on…
Stock Exchange Release Talvivaara Mining Company Plc 20 September 2016 Status of Talvivaara`s reorganization proceedings The Company has started preparations for the conversion issue in accordance with the restructuring programme Talvivaara Mining Company Plc (“Company” or “Talvivaara”) announces that today it has received a statement from the Administrator of its corporate reorganization proceedings in which…
NEW YORK–(BUSINESS WIRE)–Perella Weinberg Partners today announced that John M. Cesarz has joined the Firm as a Managing Director in its Advisory business. Based in New York, Mr. Cesarz will be a member of the Firms restructuring practice. Mr. Cesarz has more than 15 years of investment banking experience. He was most recently a Managing…
Stock Exchange Release Talvivaara Mining Company Plc 20 September 2016 Status of Talvivaara’s reorganization proceedings The Company has started preparations for the conversion issue in accordance with the restructuring programme Talvivaara Mining Company Plc (“Company” or “Talvivaara”) announces that today it has received a statement from the Administrator of its corporate reorganization proceedings…
LONDON–European home improvement retailer Kingfisher PLC (KGF.LN) on Tuesday said strong growth in the U.K. and Poland along with favorable exchange rate movements has led to a rise in first-half earnings. “Performance has been driven by Poland and the U.K., especially Screwfix, and a stable profit performance in France,” Chief Executive Officer Veronique Laury said.…
CENTENNIAL, Colo. — Western Convenience Stores, which has emerged from Chapter 11 bankruptcy, remained in full operation during the bankruptcy period and financial restructuring, the company said. We are delighted to have successfully completed our restructuring and emerge from the operational strains of bankruptcy, said Hossein Taraghi, president of Western Convenience Stores. We can now…
An initiative among local banks to bail out small and medium sized enterprises (SMEs) has helped to restructure some Dh7 billion of debt owed by more than 1,700 companies this year, the UAE Banks Federation (UBF) said. The federation also said the bankruptcy law approved this month by the countrys Cabinet is another measure that…