Greek gaming technology firm Intralot has lined up €660 million ($775 million) in new long-term debt financing to help fund its planned acquisition of Bally’s International Interactive business and refinance existing borrowings. The financing package includes a £400 million ($539 million) six-year senior secured term loan agreement with institutional lenders and €200 million ($234 million) in…
Hand,Giving,Paycheck,,Check,,Cheque,In,Transaction,Concept A bigger paycheck helps, but it’s not the only perk employees are asking for. Workers also want help managing money in the near term — things like emergency-savings support, debt help and practical tools they can use, according to the Bank of America’s 2025 Workplace Benefits Report. Back in 2023, only about 13% of…
An insolvent UK recruitment company, which owes the UK exchequer hundreds of thousands of pounds, has been acquired for an initial £10,000 by a venture created by the previous owner – despite him receiving millions from the business in its final three years. Premier Group Recruitment went into administration this month with debts of £2.9m…
Intralot steps closer to Bally deal with financing agreement iGaming Expert Read the original article here
Premier Group Recruitment was acquired by a venture created by the previous owner, Andrew Woosnam, in a deal that appears to be the latest example of ‘phoenixism’. Photograph: Robert Evans/Alamy An insolvent UK recruitment company, which owes the UK exchequer hundreds of thousands of pounds, has been acquired for an initial £10,000 by a venture…
A former boss of Inc & Co has been disqualified after acting as a director of a company for two years while he was bankrupt. Scott Dylan, 41 – now based in Dublin, and formerly based in Salford – is expected to be released from prison next week after serving half of a 22-month sentence…
The corporate insolvency resolution process (CIRP) for Xalta Food and Beverages Private Limited has entered a significant phase with the invitation of Expression of Interest (EoI) from potential buyers. The resolution professional, Mr. Naveen Kumar Jain, has issued a public announcement (Form G) seeking eligible resolution applicants to submit their bids for the debt-ridden company…
Lithuania’s Yukon Group completes liquidation of Russian subsidiary LRT Read the original article here
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 Lexology Read the original article here
Former Greater Manchester businessman banned after ignoring bankruptcy restrictions insidermedia.com Read the original article here