January 28 – Private equity investment firm Ares Management has moved to take control of Eagle Football Holdings from American businessman John Textor. Brazilian newspaper O Globo reports that Ares, which provided Textor (pictured) with financing for the acquisition of Olympique Lyon and other clubs, activated a clause after Eagle Football failed to meet specific…
Sri Lanka secures bilateral debt relief deal with Belgium’s Credendo EconomyNext Read the original article here
Spider-Man star Tobey Maguire was one of three witnesses to take the stand Wednesday at lawyer Tom Goldstein’s trial on tax and false statements charges. Maguire’s highly anticipated testimony was brief. The jurors didn’t seem starstruck—or if they were, they wore good poker faces. Maguire explained that he knew Goldstein from poker circles and hired…
(Jan 28): Thailand’s largest construction company, which is under investigation for its role in two deadly accidents, won investor approval to restructure its outstanding bonds. Italian-Thai Development pcl received bondholders’ consent to extend the maturity of five notes totalling 14.5 billion baht (RM1.83 billion) by three years, the company said in an exchange filing Wednesday…
(Jan 28): Thailand’s largest construction company, which is under investigation for its role in two deadly accidents, won investor approval to restructure its outstanding bonds. Italian-Thai Development pcl received bondholders’ consent to extend the maturity of five notes totalling 14.5 billion baht (RM1.83 billion) by three years, the company said in an exchange filing Wednesday…
The Star shifts financial advisor after Bally’s/Investment Holdings takeover: report The Gaming Boardroom Read the original article here
After $4.5bn write-off, Somalia courts creditors for more debt relief theeastafrican.co.ke Read the original article here
Thailand’s largest construction company, which is under investigation for its role in two deadly accidents, won investors’ approval to restructure 14.5 billion baht ($468 million) of debt, offering relief to the cash-strapped builder. Italian-Thai Development Pcl received bondholders’ consent to extend the maturity of notes by three years, the company said in an exchange filingBloomberg…
Astrid Alecio and her family were living with her mother in 2024 when a record-breaking storm hit San Diego. Their home flooded, leaving Alecio, her husband and their two small children with nowhere to go. The county provided them with hotel rooms until June of 2024. They moved around until Jan. 3, 2025, the day…
The federal government’s 20 per cent HECS reduction scheme has resulted in some Australian taxpayers inadvertently losing unnecessary money from their paycheques. Nearly three million Australians have an average of $5500 in HECS debts owing to the government – and this debt is paid off slowly through compulsory repayments. The relief was applied to balances…