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Intrum closes Cerberus asset sale, $682 million net proceeds to cut debt
Reuters via Yahoo Singapore Finance· 1 week agoSTOCKHOLM (Reuters) -Swedish debt collector Intrum said on Monday it had completed the sale of a...
South Korean shipbuilder to lease part of Philippine Subic Bay shipyard
Reuters via Yahoo Singapore Finance· 2 months agoU.S. private equity firm Cerberus Capital Management said it has agreed to lease part of its Philippine shipyard in Subic Bay to HD Korea Shipbuilding and Offshore Engineering, which plans to ...
UPDATE 2-US hospital network Steward files for bankruptcy, aims for new loan
Reuters via Yahoo Singapore Finance· 2 months agoSteward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust ...
Co-operative Bank and Coventry near agreement on landmark £780m deal
Sky News via Yahoo News Singapore· 3 months agoThe Co-operative Bank will this week move a step closer to regaining its mutual status when it...
Cerberus mulls bigger Intrum partnership as company tackles debt, Bloomberg News reports
Reuters via Yahoo Singapore Finance· 3 months agoMarch 30 (Reuters) - United States-based alternative investing firm Cerberus Capital Management LP is looking at further ways to invest in Intrum Ab and its assets, as the Swedish debt collector ...
Analysis-Europe's debt collectors face reckoning as bad loans vanish
Reuters via Yahoo Singapore Finance· 4 months agoEurope's debt collectors have gone from feast to famine amid a collapse in the number of bank loans...
Do You Believe in The Potential Value-Creating Catalysts for comScore (SCOR)?
Insider Monkey via Yahoo Singapore Finance· 4 months ago180 Degree Capital Corp., an investment management firm, recently released its fourth quarter 2023...
PRESS DIGEST- Wall Street Journal - Feb 21
Reuters via Yahoo Singapore Finance· 5 months agoFollowing are the top stories in the Wall Street Journal. - Australia's Orica said on Wednesday it would acquire U.S. based sodium cyanide producer Cyanco from an affiliate of Cerberus Capital ...
This small New York village made guns for 200 years. What happens when Remington leaves?
Associated Press via Yahoo News Singapore· 5 months agoRemington began here two centuries ago and generations of workers have turned out rifles and...
Intrum to sell large chunk of investment portfolio to Cerberus for $785 million
Reuters via Yahoo Singapore Finance· 6 months agoIntrum said it would use the proceeds from the transaction to reduce its debt and will retain a 35% stake in the purchasing entity. The company also said it expects to book an accounting loss ...