Aussie tech firms under increasing insolvency threat, KPMG data shows
A growing number of larger technology companies are scrambling to restructure their operations to avoid insolvency, with many Australian businesses under threat.
Source: afr.com
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GenesisCare: Bankers sharpen their pencils for distressed debt boom
With more companies like GenesisCare expected to go under, Wall Street giant Bank of America is exploring plans to ramp up its Australian distressed debt and special situations presence.
Source: afr.com