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airBaltic is going through its most delicate moment in years. While operating normally in the peak summer season and recording passenger growth, the company faces an acute liquidity crisis, an unsustainable capital structure, and increasingly intense rumors about route cuts, debt restructuring, or even growing insolvency risk. According to data from Fitch Ratings and the…
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← Back to Newsroom Tuesday, July 28, 2026 7:14 PM Photo: Intralot (courtesy) Ted Orme-Claye, SBC News Email, LinkedIn, and more Bally’s Intralot has secured a senior debt note facility to support its acquisition plans, with a new financial pipeline established amid the ongoing takeover of multinational betting firm evoke. The company has informed the Euronext…
Collapsed Australian activewear brand Stax owed over $1.7 million in outstanding orders to almost 13,000 customers before appointing liquidators earlier this month, financial records show. The embattled company was placed into receivership in June, just four years after its founders were named on the AFR Rich List, and collapsed into liquidation as it urgently seeks a buyer. Stax…
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Former President Court of Appeal Justice Daniel Musinga ,Sammy Ndolo, Managing Partner at Cliffe Dekker Hofmeyr (CDH) and Law Society of Kenya Eric Kivuva launch the Corporate Insolvency Law book authored by Sammy Ndolo./HANDOUT Kenya’s corporate insolvency landscape has received a major boost following the launch of Corporate Insolvency Law, the country’s first comprehensive publication…
Aban Offshore appoints D. Suresh as Company Secretary scanx.trade Read the original article here