Results for North America
- Liquidators Seeks U.S. Bankruptcy For Platinum Partners' Funds
Two Platinum Partners hedge funds have sought U.S. Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in New York federal court Tuesday. In August, a Cayman Islands court ordered that an outside ...
Daily Headline - global.abi.org - 10/19/2016 - 21:27 - 0 comments
- Nortel Settles Fight To Divvy Up $7.3 Billion From Liquidation
patents sold in 2011 for $4.5 billion to a group of technology firms led by Apple Inc, Microsoft Corp and ...
Daily Headline - global.abi.org - 10/12/2016 - 21:05 - 0 comments
- Canada Takes New Measures to Cool Housing Markets
Canada took a series of steps aimed at cooling housing markets in the country’s biggest cities, including addressing concerns about foreign investors’ influence in driving up home prices to frothy levels, The Wall Street Journal reported. The moves f ...
Daily Headline - global.abi.org - 10/03/2016 - 19:03 - 0 comments
- Mexico Finance Head Assured on Debt Plan Even With Rate Rise
Ratings and Moody’s Investors Service, given its plan to have a primary surplus of 0.4 percent of gross ...
Daily Headline - abi_admin - 09/30/2016 - 14:42 - 0 comments
- GM Canada Vows to Wipe Out Pension Shortfall; Workers Ratify Deal
General Motors of Canada Co. has pledged to eliminate the $2.6-billion deficit in the pension plans for its unionized workers and retirees as part of a new contract negotiated between the company and Unifor, The Globe and Mail reported yesterday. The ...
Daily Headline - abi_admin - 09/27/2016 - 13:29 - 0 comments
- What We Know And What We Don't About The Possible U.S. Steel Canada Deal
After more than two years in court-supervised bankruptcy protection, private equity investment firm called Bedrock Industries Group —a fund that buys distressed companies and restructures them —moved into prime position to buy U.S. Steel Canada, CBC.ca r ...
Daily Headline - global.abi.org - 09/22/2016 - 23:12 - 0 comments
- Foreign Buying Plummets in Vancouver After New Property Tax
buyers accounted for less than 1 percent of the C$6.5 billion ($5 billion) of residential real estate ... accounted for less than 1 percent of the C$6.5 billion ($5 billion) of residential real estate purchases ...
Daily Headline - global.abi.org - 09/22/2016 - 23:13 - 0 comments
- Mexico's America Movil Eyes Acquisition Of Brazil Rival Oi
America Movil SAB is interested in acquiring some or all of the operations run by struggling Brazilian rival Oi SA, the chief executive of the Mexican telecom giant said in a newspaper interview published on Wednesday. Brazilian paper Valor Economico rep ...
Daily Headline - global.abi.org - 09/21/2016 - 23:05 - 0 comments
- Tervita’s Debt Woes Reach Tipping Point With $2-Billion Restructuring
Lost in last week’s news of more Canadian megamergers, Calgary’s Tervita Corp. unveiled a major restructuring that capped off the company’s near decade-long march toward a broken balance sheet, The Globe and Mail reported. As part of the complicated ...
Daily Headline - global.abi.org - 09/19/2016 - 20:46 - 0 comments
- Tervita in Restructuring Deal to Cut Debt by $1.5 Billion
Tervita Corp., the Canadian oilfield services company focused on waste management, is planning a debt-for-equity swap to reduce its total leverage by about C$2 billion ($1.5 billion), Bloomberg News reported. ... ($1.5 billion), Bloomberg News reported. ...
Daily Headline - global.abi.org - 09/14/2016 - 23:19 - 0 comments