Tuesday, February 20, 2018

Leading On-Demand Jet Charter Marketplace, Closes $20m Series B Investment

Leading private jet charter business Victor secures $20m in Series B investment round led by BP Ventures - the investment arm of global energy company BP Today, B2C jet charter marketplace leader Victor announces the signing of...

Toys R Us files for bankruptcy protection

Toys R Us has filed for bankruptcy protection in the US, undone by a hefty debt load and the rapid shift to online shopping. The bankruptcy filing helps the Wayne New Jersey-based toy retailer relieve...

Zetta Jet Files for Chapter 11 Protection to Implement Debt Restructuring

Company Continues to Pursue Litigation Against Former Managing Director for Misappropriating Funds and Other Fraudulent Activity Zetta Jet announced today that on September 15, 2017, Zetta Jet Pte. Ltd and its U.S. subsidiary, Zetta Jet USA, Inc.,...

Teva to offload assets

Teva Pharmaceutical Industries is selling its intrauterine device manufacturing business ParaGard to Cooper Companies for USD 1.10 billion as it seeks to raise money to reduce debt. The deal is expected to close by...

Abris Capital Partners Secures €500m for Third Cee Mid-Market Fund

Abris Capital Partners, an independent private equity fund manager currently celebrating its 10th anniversary of investing in Central & Eastern Europe (CEE), has secured €500 million from international investors to support further investment in the region. In...

Schneider Electric Foundation Commits $100,000 to American Red Cross for Harvey Relief Efforts

The Schneider Electric Foundation today pledged $100,000 to the American Red Cross to support disaster relief efforts, as communities in Texas and Louisiana attempt to recover from the catastrophic effects of Hurricane Harvey. Additionally, the Schneider Electric Foundation will match all U.S....

Dunkin’ Brands Announces Refinancing Transaction

Dunkin' Brands Group, Inc. (the "Company"), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that certain of its subsidiaries intend to complete a recapitalization transaction, which will include the refinancing of...

MBOs numbers fall as Brexit uncertainty grows

The number of management buyouts (MBOs) in the UK has fallen again over the last year as Brexit-related caution grows, says accountancy firm Moore Stephens. According to Moore Stephens, only 80 MBOs took place in...

Genesis Energy, L.P. Completes Acquisition of Tronox Limited’s Alkali Business

Genesis Energy, L.P. today announced that it has completed the acquisition of Tronox Limited’s trona and trona-based exploring, mining, processing, producing, marketing and selling business (the “Alkali Business”) previously announced on August 2, 2017....

Hyundai Motor America Reports August Sales

Hyundai Motor America today reported August sales of Hyundai and Genesis branded vehicles of 54,310 units, a 25 percent decline compared with the company's best all-time August in 2016. The monthly sales decline continues...

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