Shares in Videndum, the camera and film equipment supplier, fell sharply after the company announced a refinancing agreement that will significantly dilute existing shareholder value. On Tuesday, the company revealed
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RedBird IMI has clarified that The Telegraph newspaper will not be held liable for the significant debts still owed by its former owners, the Barclay family. The statement, released on
Britain’s largest pub company is preparing for a substantial sale, aiming to offload over 1,000 pubs as mounting debt threatens its future. Senior management at Stonegate Group, owner of the
On a windswept September morning, crowds continue to queue along Marylebone Road for a glimpse of Madame Tussauds’ wax replicas, undeterred by London Underground strikes. Inside, the familiar faces of
Creditors of Thames Water are reportedly preparing to write off approximately £6 billion of its debt as the American private equity firm KKR advances its bid to take control of
The creditors behind Thames Water’s £3 billion rescue package have emerged as surprise contenders in the battle to take control of Britain’s largest water utility. The development adds an unexpected
The City is abuzz with speculation that debt-laden media tycoon Patrick Drahi has quietly sold a portion of his nearly 25 percent stake in BT over the past few months.
