Daily deals provider Groupon Inc. GRPN continues to exit international markets as a part of its restructuring plans. Fave platform developer KFit Group which acquired Groupon Indonesia in August recently acquired Groupon Malaysia. However, financial terms of the transaction were not disclosed. Last September, Groupon announced the restructuring plan under which it not only started…
DetailsPaul Kazarian says hes spent tens of millions of dollars mobilizing a team of a hundred analysts to scrutinize Greeces assets and liabilities. According to him, everyone else including the International Monetary Fund, the credit-rating agencies, the European Union and the Greek government itself is massively overstating the problem of the nations debt burden relative…
DetailsCellcom Israel Ltd. (NYSE:CEL; TASE:CEL) is tired of playing around with Golan Telecom Ltd. and has filed for the company’s liquidation. While it is still difficult to estimate the final outcome, this issue will certainly occupy the Israeli communications industry in weeks to come. Cellcom has decided to file for liquidation following Golan’s NIS…
DetailsWASHINGTON, Nov. 29, 2016 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE:FCN) today announced that three professionals from the firm’s Corporate Finance & Restructuring segment have been recognized as rising stars among international insolvency and restructuring practitioners in Global Restructuring Review‘s list of The New Insolvency Advisers. The list includes 20 leading accountants, insolvency…
DetailsDaily deals provider Groupon Inc. (GRPN – Free Report) continues to exit international markets as a part of its restructuring plans. Fave platform developer KFit Group which acquired Groupon Indonesia in August recently acquired Groupon Malaysia. However, financial terms of the transaction were not disclosed. Last September, Groupon announced the restructuring plan under which it…
DetailsA FORMER chairman of the Wye Valley NHS Trust resigned after being made bankrupt earlier in the year, it has been revealed. Museji Takolia stepped down as the chairman of the trust which runs hospitals in the county last month. The Individual Insolvency Register shows that Mr Takolia was declared bankrupt in July of this…
DetailsPol Maj Gen Wichai Sangprapai (right), former deputy chief of the Metropolitan Police Bureau, and the two other former police officers arrive at the Central Court for Corruption and Misconduct, part of the Criminal Court, on Tuesday, to hear the ruling on their malfeasance case. The court acquitted them of the charges. (Photo by Tawachai…
DetailsAttorney-General George Brandis will face another Senate inquiry grilling to determine his role in the West Australian Government’s bid to claw back nearly $1 billion from a corporate collapse. Key points: Brandis to give evidence at about his role in WA Government’s attempt to claw back money from Bell Group collapse Brandis rejects claims…
DetailsA SPORTSWEAR company launched by England and Sussex cricket legend James Kirtley looks set to go bust. Kirtley set up MKK Sports Limited more than ten years ago with three business partners supplying sports clubs throughout the country with kits. High profile clients included Sussex and Middlesex County Cricket Clubs (CCC). But a creditors’ meeting…
DetailsPauline Blight-Johnston is set to leave AMP after three and a half years. (Photo by Christopher Pearce/Fairfax Media) Christopher Pearce The head of AMP’s troubled life insurance division will leave the listed wealth manager after three and a half years following a major restructuring of the executive team by chief executive Craig Meller. Pauline Blight-Johnston’s position…
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