Ster-Kinekor escapes liquidation, thanks to investment

Österreich Nachrichten Nachrichten

Ster-Kinekor escapes liquidation, thanks to investment
Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Ster-Kinekor escapes liquidation, thanks to investment - The R250 million transaction involved dealing with the cinema group’s debt, as well as the purchase of 100% of its shares by UK and local firms

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

for the rescue transaction, which resulted in inevitable delays. The business rescue was also delayed by negotiations with about 20 landlords involved.

The main transaction, of R250 million, involved the refinancing and restructuring of Ster-Kinekor’s debt, as well as the purchase of 100% of its shares by UK asset managers Blantyre Capital Limited and South Africa-based Greenpoint Specialised Lending.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

mailandguardian /  🏆 2. in AT
 

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

COMPANIES: Ster-Kinekor pulls off mission impossible by successfully exiting business rescueCOMPANIES: Ster-Kinekor pulls off mission impossible by successfully exiting business rescueThe cinema group’s fortunes are on the rise as investors, blockbuster movies and higher audience numbers help pull it out of a financial funk.
Weiterlesen »

COMPANIES: Ster-Kinekor pulls off mission impossible by successfully exiting business rescueCOMPANIES: Ster-Kinekor pulls off mission impossible by successfully exiting business rescueThe cinema group’s fortunes are on the rise as investors, blockbuster movies and higher audience numbers help pull it out of a financial funk.
Weiterlesen »



Render Time: 2025-01-13 23:42:49