Fall of the zombies? Why corporate failures could surge in 2024 – Reuters
Companies Casino Guichard Perrachon SA Follow Natwest Group PLC Follow LONDON, Oct 6 (Reuters) – Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half of 2024, a challenge that could kill off many “zombie” businesses even though an expected peak in rates could bring some relief.…