Rcapital acquires aerospace and defence engineering business FGP Group, securing hundreds of jobs londonlovesbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from londonlovesbusiness.com Daily Mail and Mail on Sunday newspapers.
Earlier this year, the English Court refused to sanction two Part 26A restructuring plans ("RPs") which sought to bind HMRC, the UK tax authority, into restructurings via "cross-class.
The turnaround investor Rcapital is to retain control of Nasmyth Group through a pre-pack administration deal orchestrated after a separate restructuring was blocked by HMRC, Sky News learns.
Coventry-based Nasmyth Group is scrambling to find a buyer as it teeters on the brink of collapse after a restructuring plan was blocked amid objections from HM Revenue & Customs, Sky News can reveal.
Over 100 jobs saved after division of collapsed roofing contractor sold business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.