The High Court has formally announced that it has approved Amigo’s potential schemes to be put to creditors. Our central case is
Read MoreTullow management came back to us this morning to confirm a couple of outstanding points (just after we published our updated analysis yesterday). As expected, the purchase price
Read MoreKenneth Gregor is near the exit door as Aston Martin and as announced previously he will depart fully on 30 June. He will be replaced
Read MoreThe Dec. 2024 bonds are down massively since the company announced it would halt production. Since the various sr. sec. facilities have been largely
Read MoreAt the convening hearing yesterday in the High Court the judge commented that he was minded to approve the schemes being sent forward to a
Read MoreThe German apparel discounter released its capital markets presentation and announced the Tjeerd Jegen - previously CEO of Hema - as new CEO. To deleverage Hema, Tjeerd drove a strategy of
Read MoreCzech billionaire Daniel Kretinsky, via his Vesa vehicle, purchased additional shares to take his holding to just above 10% (7.4% of voting shares). This follows his
Read MoreWe had expected this to take longer, however, yesterday Moody’s upgraded OHLA’s SSNs to B3 (positive) from Caa2. Whilst, OHLA has
Read MoreThe results from CMA CGM for the full year 2021 were always going to be good, in the end, they were as strong as we had expected. Having finished the year with
Read MoreWe are no longer covering ProGest, but the company has interesting headlines for all of Europe today. The North Italian paper manufacturer has halted production across
Read MoreSince 2019 OHLA’s banks have trapped €140m of cash currently held as collateral, the company is tentatively seeking the release of that security. Releasing that cash would
Read MoreWith a commitment to delivering its first EV by 2025, Aston Martin has agreed to work with Britishvolt on developing high-performance batteries. Aston Martin needs to
Read MoreHammerson reported its FY21 numbers this morning, and their report highlights the continued improvement of occupancy rates and rent collections in the UK market. This continues the
Read MoreIn the final analysis and as management had alluded to, CGG’s year proved to be very much one of two distinct halves. The second
Read MoreAmigo CEO Gary Jennison has asked Amigo to make changes in the award of shares to him made in 2020 under an incentive plan. Jennison will agree to
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