Conny Dorrestijn: The gambling industry wants innovation but not the risk – CalvinAyre.com

In this interview with CalvinAyre.coms Becky Liggero, Conny Dorrestijn of Holland Fintech points out what the gambling industry needs to do to improve its reputation. Business reputation is a by-product of what people think and feel about a business. It is based on what theyve heard, the facts they have gathered, and most importantly, their…

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PSG Bankruptcy Liquidation Plan Summarized – Bankrupt Company News (press release) (blog)

AdvertisementBankruptcyDatas detailed analysis and summary of Performance Sports Groups First Amended Joint Chapter 11 Plan of Liquidation, dated November 2, 2017, is now available. The U.S. Bankruptcy Court confirmed the Plan on December 20, 2017; and the Plan became effective on December 21, 2017. Advertisement BankruptcyData notes, The Plan is… Read…

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Deacons issues profit warning on low sales as elections, Nakumatt exit take toll – Business Daily (press release) (blog)

Companies Wednesday, December 27, 2017 11:42 By MUGAMBI MUTEGI Deacons chief executive officer Muchiri Wahome. FILE PHOTO | NMG  Fashion retailer Deacons #ticker:DCON has issued a profit warning indicating that its net profit for the full-year to December 2017 will drop by at least a quarter due to lower sales. The profit warning announcement means…

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Liquidator pursues Obeid family for $700000 over Circular Quay profits – The Sydney Morning Herald

As Eddie Obeid languishes behind bars for a second Christmas and New Year, the family of the corrupt former Labor MP is being pursued in court for hundreds of thousands of dollars in cash they received from the Circular Quay cafes at the centre of his trial. Fairfax Media can reveal the liquidator appointed to Circular Quay Restaurants, the…

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ReNew Power eyes Waaree’s solar assets; Anand Mahindra buys into Bayside Sports – VCCircle

Goldman Sachs-backed ReNew Power Ventures Pvt. Ltd is looking to acquire the solar power assets of Mumbai-based Waaree Energies Ltd, Mint reported, citing people aware of the matter. Waaree Energies has about 100 megawatt of solar power assets across Andhra Pradesh and Madhya Pradesh. Last week, Waaree Energies had raised Rs 100 crore ($15.6 million)…

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Major shareholder set to buy struggling Aussie luxury handbag brand Oroton – NEWS.com.au

IT seemed luxury Aussie handbag retailer Oroton was doomed last month after it went into voluntary administration. Today, it has risen from the ashes following a takeover bid from a major shareholder. Caledonia Funds Management chief investment officer Will Vicars, who owns 18 per cent of the 79-year-old companys ASX-listed shares, will buy the brand…

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Alok Industries’ insolvency pro calls for fresh bids to attract more players – Economic Times

MUMBAI: The insolvency professional supervising the Alok Industries bankruptcy process has called for fresh bids to resolve the Rs 29,000-crore default in the hope of attracting more bidders for the textile company, said two people with knowledge of the matter. “Alok was the only company among the 12 listed by Reserve Bank of India (RBI)…

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