Factbox: Corporate debt woes are on the rise
From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates.
Source: reuters.com
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Top News In Reorg Today - Breaking & Trending Today
Belgium's Aliaxis withdraws offer for Finland's Uponor
Belgian water management group Aliaxis said on Wednesday it had withdrawn its offer for Finland's Uponor, leaving Switzerland's Georg Fischer as the sole bidder. Swiss industrial group... | June 14, 2023
Source: marketscreener.com
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Yandex granted Nasdaq lifeline subject to Russia restructuring
Russian internet firm Yandex on Thursday said it had been granted permission to retain its Nasdaq Stock Exchange listing provided the restructuring and divestment of its Russian business is concluded by the end of 2023.
Source: reuters.com
Credit repairer PGX begins bankruptcy with $12 mln loan
Credit repair company PGX Holdings Inc was approved for a $12 million bankruptcy loan on Tuesday, which it will use to auction its assets after the U.S. Consumer Financial Protection Bureau successfully challenged its billing practices.
Source: reuters.com
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Exclusive: Trinidad to restart idled LNG unit by early 2027 amid restructuring -sources
Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.
Source: reuters.com