Beleaguered Electric Van Company Arrival Appoints EY As Administrator, Explores Sales Options - Arrival (OTC:ARVLF)
Source: benzinga.com
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Arrival EY: Simon Edel, Alan Hudson and Sam Woodward of EY-Parthenon's Turnaround and Restructuring Strategy team were appointed joint administrators of Arrival UK and Arrival Automotive UK, EY said.
Dubai-based Dutco Group has acquired Mar Hall in Bishopton with ambitious plans to expand and upgrade the estate.
While debt sometimes provides the ability to build other income-earning assets, it is important that countries move away from financing consumptive expenditure using debt.
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