Codere has completed its restructuring, but unfortunately, the business still faces significant headwinds in relation to
Read MoreThe reshuffling of assets and refocusing of the KME business continues. The €20m of proceeds from the sale and
Read MoreThe severe cost pressures on the business haven’t gone away, but the pace of rises is slowing. The labour shortage at Boparan has fallen from >2,500 people to around 1,800, also
Read MoreCasino announced this morning their intention to tap the Term Loan B that matures in August 2025 for €400m in order to tender for Jan 23 and
Read MoreMonthly operational update released by Hurricane shows production marginally higher than expected,
Read MorePlease refer to our initiation of Aggregate Holdings here.
We are taking a view. The approach we have followed has lead us to focus on the substance that makes up the group today, its financing and the challenges it faces in the short and medium term. Much of it is guess-work as the scant disclosure requires us to triangulate much of the missing information. Yet, while we may be off in some projections here or some allocations there, we are confident that ...in aggregate… we are not too far off the mark.
Read MoreSGS (INTU) held an investor call yesterday but no new details were shared beyond what was contained in the quarterly presentation released last month. The changes
Read MoreCodere held their Q3 call yesterday and as we suggested the return of operations to pre-covid levels is taking longer than guided. Restrictions are
Read MoreIt appears that PJT have been appointed to represent bondholders in negotiations with the Company in relation to the upcoming
Read MoreThe UK competition authority believes that the various poultry interests of Ranjit Boparan could be viewed as a single entity despite the
Read MoreWhen OHLA reports 3Q 21 numbers on Friday we are expecting the US division to contribute to a strong order book. The passage of
Read MorePrior to the release of their Q3 numbers on 24th November, KCA Deutag have confirmed contract extensions for their
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