Rockwell said on Friday it had entered an acquisition and amalgamation agreement with Bristow’s wholly-owned 1274787 BC Ltd. Under the deal, Rockwell shares – except those held by Bristow and any dissenting shareholders – would be exchanged for redeemable preferred shares in the amalgamated corporation, which would be immediately redeemed for C0.5c per share in…
DetailsAgribusinesses and farmer creditors left out of pocket after the crash of failed Chinese-owned cotton marketer Weilin Trade have been paid 20 cents for every dollar they were owed. Weilin’s administrators suggest there is a chance a further small dividend of maybe one cent more could follow after the receivership process winds up. However, its…
DetailsIf you’re sitting on debt from 2020, here’s one cost-effective way to tackle it. Maybe the coronavirus pandemic inspired extra generosity during the holidays, so you went a little overboard with gifts. Or maybe you made last-minute travel plans that caused you to pay more for your flight than what your paycheck could cover. A…
DetailsHYDERABAD: Upholding the claims of a Vietnamese prawn feed supplier company that moved the National Company Law Tribunal (NCLT) against a Bhimavaram based shrimp farming firm, the Hyderabad bench of NCLT initiated the corporate insolvency process against the shrimp firm for failing to clear the dues it owed to the Vietnamese firm.The bench of K…
DetailsSteel CC via Wikimedia CAIRO 16 January 2021: Egyptian Member of Parliament Mustafa Bakri has submitted a request to House of Representatives, to question the government over the liquidation of the state-owned Iron and Steel Company. On January 11, 2021, the General Assembly of the Helwan-based company took a decision to liquidate the company due…
DetailsFor many, 2020 has been the year to forget. The Coronavirus pandemic (COVID-19) has halted global economies and initiated recessions across continents and countries, including Australia. In an attempt to alleviate the financial impact of COVID-19, the Australian Government has implemented various reforms (both temporary and permanent) designed to provide relief to financially distressed businesses.…
DetailsSurveillance garda watched a well-educated man getting instructions by phone to go to a drugs pick-up and they arrested him moments later with a 32,000 stash of cocaine. That was at Christmas 2019. Now the accused man has been sentenced to five years with the last two years suspended. 37-year-old Paul Burke of Coppingers View,…
DetailsAgribusinesses and farmer creditors left out of pocket after the crash of failed Chinese-owned cotton marketer Weilin Trade have been paid 20 cents for every dollar they were owed. Weilin’s administrators suggest there is a chance a further small dividend of maybe one cent more could follow after the receivership process winds up. However, its…
DetailsDive Brief: As makeup begins a possible recovery, Ulta Beauty is laying off an unspecified number of corporate employees, a spokesperson told Retail Dive via email. The total number was “a meaningful, but relatively small number of our total associates,” the spokesperson said. The layoffs resulted from a restructuring that eliminated current and open roles…
DetailsIf you’re struggling with credit card debt and other bills you can’t seem to pay off, Freedom Debt Relief offers a potential solution. This company aims to help you negotiate and settle your debts for less than what you owe, although you’ll pay fees based on a percentage of the debt they help settle on…
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