CESC shareholders give nod for company’s proposed restructuring scheme – Financial Express

CESC Ltd, the RP-Sanjiv Goenka group flagship, has got its shareholders approval for the companys proposed corporate restructuring by way of a demerger scheme of its multiple businesses. (Image: Reuters) CESC Ltd, the RP-Sanjiv Goenka group flagship, has got its shareholders approval for the companys proposed corporate restructuring by way of a demerger scheme of…

Details

Sears is teetering on the edge of bankruptcy and Kmart could be its first casualty – Business Insider

Getty Images Sears’ sales are down 45% since early 2013, its debt load has spiked to over $4 billion, and the company is losing well over $1 billion annually.  To meet its obligations, Sears has been selling off valuable brands and properties. Now its pool of assets is dwindling, increasing the risk of a bankruptcy,…

Details

Top 10 Jungle Releases 2018 Debt Consolidation Reviews – PR Newswire (press release)

DALLAS, Dec. 15, 2017 /PRNewswire/ — Top 10 Jungle, a leading provider of slick digital content and online reviews, released its 2018 Debt Consolidation Reviews earlier this week. The debt consolidation industry offers solutions to combine multiple debts, such as credit card bills, home loans, or other loans into one monthly payment. … Read the…

Details

Swiss regional Darwin Airline declared bankrupt – ATWOnline

Darwin Airline Saab 2000 Aero Icarus for Wikipedia Swiss regional carrier Darwin Airline has been declared bankrupt, after attempts to resolve its financial problems failed. The Lugano, Switzerland-based carrier had in recent years traded as Etihad Regional until the Abu Dhabi carrier sold its 33.3% shareholding to Luxembourg-based private equity fund 4K Invest in July…

Details