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Headlines
British Parent of Nuclear Developer Moltex Energy Canada in Talks with Potential Buyer
More than a year after the parent company of New Brunswick nuclear technology developer Moltex Energy Canada Inc. entered into a British insolvency proceeding, “advanced” negotiations with a potential buyer are progressing,…
Claire's Closes All 154 Stores in UK and Ireland
All Claire's standalone stores in the UK and Ireland have stopped trading after the accessories chain's financial woes saw it fall into administration twice in a year, BBC.com reported. Administrators Kroll said that 154 stores…
WH Smith’s Successor Begins Fight to Stave Off Bankruptcy
The Mayfair financiers running what used to be WH Smith’s high street empire are gearing up for a make-or-break restructuring that will result in a swathe of store closures, The Times reported. Modella Capital, a private equity…