Quintis finds suitors amid fight to split plantations – The West Australian

Saturday, 24 March 2018 11:00AM Email IconSean Smith McGrathNicol, which was put into Quintis by bondholders in late January, is seeking to either sell or recapitalise the company.Picture: Countryman Quintis receivers have reported good interest from potential buyers and investors after closing the first phase of their expressions of interest campaign for the failed sandalwood…

AC Milan sale to Li Yonghong probed by Italian prosecutors – reports – ESPN (press release) (blog)

10:49 AM GMT Ben Gladwell The Milan prosecutor’s office has opened an investigation into the sale of AC Milan from Silvio Berlusconi’s Fininvest company to Li Yonghong last April, ANSA and Reuters report. No individuals are as yet named as suspects in what is currently a preliminary investigation based on suspicious movements of funds picked…

Serbia’s Nelt to acquire factory of insolvent Magnohrom in Kraljevo – SeeNews

Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic. BELGRADE (Serbia), March 22 (SeeNews) Serbia’s Bankruptcy Supervision Agency said it accepted the bid of logistics company Nelt Group for the acquisition of the electrothermal products factory of the insolvent producer of fire-resistant materials Magnohrom in Kraljevo. Nelt group placed its 98 million dinars ($1 million/828,000 euro)  bid during…