Tag: DISTRESSED ASSETS REPORT
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London Rail Strike Loss Estimated to be $36.85M Per Day
London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...
Rising Inflation is Leading to Shrinkflation
With high inflation comes Shrinkflation. Shrinkflation is the combination of Shrinking and inflation. It is when items shrink in their size and...
Peru Slashes Its Economic Growth in 2022
Peru’s Central bank (Banco Central De Reserva Del) has predicted that the country's fiscal growth will dwindle in 2022. This year, it...
Google to Fund 40 Black-led Digital Start-ups Across Europe
Supporting the financial growth of Black-led start-ups is crucial. These companies often face problems regarding restricted access to capital, networking, and other...
Cube Lands $30M in Series-B After Seeing 400% ARR Growth
Financial planning and analysis (FP&A) platform Cube, based in New York City, raised $30 million in Series B funding.
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Renate Nyborg Swipes Right On Tinder: Becomes The New CEO
The online dating pioneer Match Group announced Renate Nyborg as Tinder’s new CEO. The appointment was made on September 10, 2021. Nyborg...
Molino Cañuelas Files for Bankruptcy
Top Argentinian food producer Molino Cañuelas has filed for bankruptcy akin to US Chapter 11. The company faced disputes with its creditors,...
Calibre Scientific Provided $92 Million by CVC
CVC Credit Partners announced today that it has provided a $92 million multicurrency first lien credit facility to Calibre Scientific, owned by...
Tata Sons Successful in Bid to Fly Air India
Salt to steel conglomerate Tata Sons has won the bid to buy state-run airline Air India. The proposal for $2.4 billion gives...
Apax Digital Fund II Closes at USD1.75bn in Four Months
Apax Digital Fund II was closed at USD1.75, by then private equity company Apax, after reaching a hard cap in less than...
