News Formal

Ster-Kinekor escapes liquidation, thanks to investment

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

México Noticias Noticias

México Últimas Noticias,México Titulares

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

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.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

COMPANIES: 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.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

COMPANIES: 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.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »