As part of the liquidation process announced today (19 December), shareholders can choose either to roll over their investments into units in the Jupiter Ecology fund, or to opt for an uncapped cash exit at a modest discount to net asset value. James Carthew, head of investment companies at QuotedData, criticised the board’s offer to…
Shandong Fengxiang to Receive Liquidation Assets Amid Bankruptcy Proceedings TipRanks Read the original article here
Corporate bankruptcy filings in Brazil surged in 2024, marking the second consecutive year of increases despite positive surprises in the country’s gross domestic product (GDP) over the past two years. Experts expect this trend to persist in 2025 as rising interest rates and exchange rates weigh on companies’ financial health. According to data from credit…
An insolvency administrator has put KTM’s shares in MV Agusta up for sale, as the Austrian company continues to reel in from a financial crisis. KTM’s parent company Pierer Mobility AG had acquired a 25.1 per cent stake in MV Agusta in November 2022, before taking over the majority of the company in March of…