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…
Tata Steel on Friday said it has accepted the letter of intent for the sale of Bhushan Steel for an undisclosed amount. According to industry sources, the Tata group firm is likely to pay Rs 352 billion in cash for the deal. However, there are likely to be hiccups since the National Company Law…
A Dutch court classifies Bitcoin as a transferable value after the court ruled in favour of a plaintiff who was owed 0.591 Bitcoins (BTC), according to a court document published March 20. The claim was filed in a Dutch court by Mr. J.W. de Vries on 2 February 2018 against Koinz Trading BV, a non-public…
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…
4:19 PM IST 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…
Gab Marcotti takes us around the biggest story lines in Italy, including AC Milan’s Coppa Italia victory, Gonazalo Higuain injury blow and the best Serie A games this weekend. 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…
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…
Published on 22.03.2018 à 11h21 by APA News The Ghanaian press on Thursday highlights a 13-million euro government support to Ghanas financial system and the reaction of angry customers of uniBank Ghana Ltd, after the takeover by the Bank of Ghana (BoG).The Business and Financial Times (B&FT) says, Govt secures 13…
James Packer’s mother flew out of Australia to be with her son after his ‘mental health issues’ were revealed Roslyn Packer, 80, cut a frail figure and was wheeled through Sydney Airport on a mobility chair on Thursday Wife of late media mogul Kerry didn’t speak with media as airport staff pushed wheelchair through terminal…
In September 2017, the National Company Law Tribunal (NCLT) Chennai ordered Stayzilla to become insolvent and pay the outstanding dues to JigSaw. In a blow to homestay aggregator Stayzilla, the Supreme Court has dismissed the appeal filed by co-founder Yogendra Vasupal challenging the insolvency proceedings ordered by the National Company Law Tribunal. On September 18,…