Ranjit Boparan is pushing for higher chicken prices from his supermarket customers as he tries to recover £30m of higher costs due to the
Read MoreThe competitiveness in the UK Grocery sector is not going away. ASDA is looking to cement its position, while Morrisons is looking to win back customers
Read MoreTullow have won their first arbitration. As a result of the Tribunal's award, Tullow Ghana is not liable to pay the $320 million BPRT assessment issued by the Ghana Revenue
Read MoreCerba SUNs are up on news released in December that in the context of a new healthcare framework in France signed by biologist unions and the
Read MoreThe company’s initially resounding rebuttal this morning narrows significantly in the admission that there was a security breach of “data mentioning the
Read MoreThe confirmation of Intrum’s restructuring plan in Texas is good news for the vast majority of bondholders, even though it is mostly priced in. We suspect the
Read MoreThe issue looks to be inventory-driven rather than an IT failure, which will relieve Ocado management. Christmas is as busy as it gets for online grocery, and
Read MoreDetails of the refinancing are emerging. As management had previously indicated, the NRW portfolio has now been sold to OneIM and Orange Capital Partners, expected to be effective in stages from 31st of January. The transaction value is significantly below our
Read MoreAdler have secured commitments for the refinancing of the 1L PIK loan via a new €1.2bn 8.25% (1% OID) loan, a transaction that is to save the company nearly
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Heimstaden AB, the parent Company of Heimstaden Bostad, has suspended coupon on its Hybrid bonds. With no expectation of dividends from
Read MoreThe Spruce House Partnership has effectively left the share register in Victoria Plc, reducing its exposure to 3.8%. Spruce House historically had
Read MoreAs part of the financial restructuring of Emeis (previously Orpea), management has undertaken to dispose of c. €1.5bn of assets by the end of
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Maxeda revenues came in line, but the company beat our EBITDA projections on more aggressive in-store staff cuts to post €15m of EBITDA vs. our
Read MoreOfwat’s final determination provides for price hikes of 35% over the next five years - before inflation, very much in line with the recent talk of town. On anyone's math
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We are not surprised that the courts in Qatar wants nothing to do with litigation around the Sidra hospital contracts, and have decided annul
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