(Bloomberg) — Apollo Global Management Inc. and BlackRock Inc. are in talks to provide new debt financing for the merger of two Amazon aggregators, according to people familiar with the matter. Most Read from Bloomberg The proposed deal continues an ongoing consolidation of such companies, which raised billions of dollars and snapped up brands sold…
The ASX is set to become a hunting hotspot for private money as cashed-up global funds zero in on distressed companies. That’s the view of White & Case restructuring partner Timothy Sackar amid a spike in corporate insolvencies in Australia. Loading… Read the original article here
Lenders begin bankruptcy proceedings against India’s Byju’s Reuters Read the original article here
In August 2020, GVK Power announced that it and its airport business-related subsidiaries had agreed to cooperate with Adani Airport Holdings. 4 min read Last Updated : Jul 24 2024 | 2:56 PM IST Hyderabad-based GVK Power and Infrastructure, once the GVK conglomerate’s crown jewel, is now under the insolvency process. Long before this…
Reuters Videos Multiple injured in a stabbing after a car crash in Sydney STORY: :: Several people are injured in a stabbing after a car crash in Australia:: Sydney, Australia:: August 25, 2024:: Donald Faulds, Police superintendent“That vehicle has collided with another vehicle. And as a result of that a number of members of the…
China’s property sector has been grappling with a liquidity crisis since mid-2021, with major developers defaulting on or delaying debt payments following a regulatory crackdown on high leverage. 04:49 Anger mounts as China’s property debt crisis leaves flats unfinished Anger mounts as China’s property debt crisis leaves flats unfinished Industry giant China Evergrande Group was…
Model and TV presenter Katie Price has been declared bankrupt for the second time, a court heard today. Price was married to Australian singer Peter Andre between 2005 and 2009 and they have two children together. The UK glamour model, 45, who was not in court to hear her fate, has an unpaid tax bill…
A year after its relaunch, Scotch & Soda is once again in bankruptcy. Shops will remain open, however, and the brand is expected to resume trading under new ownership within two weeks. Already a new candidate The European part of Dutch fashion brand Scotch & Soda has been declared bankrupt. The news comes just one…
A Queensland company whose global award-winning and Arena-funded distributed energy optimisation technology underpinned Australia’s largest commercial solar and battery microgrid has been placed in liquidation. Elexsys Energy, trading in Australia as Planet Ark Power, launched onto the scene in 2019 with plans to transform Australia’s legacy one-way grids into two-way renewable powered smart grids without…
Former glamour model Katie Price has been declared bankrupt for a second time over an unpaid tax bill of more than £750,000. Ms Price, who was previously declared bankrupt in 2019, owes £761,994.05 to HM Revenue and Customs (HMRC), a court was told on Monday. At a short hearing at London’s Rolls Building, Insolvency and…