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China's Country Garden warns it could fail to pay offshore debt obligations

HONG KONG (Reuters) -China's Country Garden Holdings said it might not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, as the country's largest private property developer grapples with debt restructuring. "Such non-payment may lead to relevant creditors of the Group demanding acceleration of payment of the relevant indebtedness owed to them or pursuing enforcement action," the company said in a Hong Kong Stock Exchange f...
New South Wales Hong Kong Houlihan Lokey Rishav Chatterjee Scott Murdoch Sidley Austin
Source: yahoo.com

Newmont's $16.7 billion Newcrest deal gets all regulatory nods; nears shareholder vote

The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13. "The approvals include ones from the Australian Foreign Investment Review Board and competition authorities in Australia, Canada and Papua New Guinea," Newcrest said in a statement. Australia's largest gold miner, Newcrest, had in May backed the takeover offer from Newmont, in what would be the third-largest deal ever involving an Australian company.
Papua New Guinea Rishav Chatterjee Newmont Corporation Newcrest Mining Friday Newmont Corporation Australian Foreign Investment Review Board
Source: yahoo.com

Newmont's $16.7 billion Newcrest deal gets all regulatory nods; nears shareholder vote | The Mighty 790 KFGO

(Reuters) -Australian gold miner Newcrest Mining said on Friday Newmont Corporation, its suitor for a proposed A$26.2 billion ($16.68 billion) buyout, had received all government regulatory approvals required for the deal to go through. The deal still ...
Papua New Guinea Rishav Chatterjee Newmont Corporation Newcrest Mining Friday Newmont Corporation Australian Foreign Investment Review Board
Source: kfgo.com

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