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Atos’s Biggest Investor Scraps Rescue Plan, Leaving Few Options
Bloomberg via Yahoo Finance Canada· 3 weeks ago(Bloomberg) -- Negotiations to bail out Atos SE were dealt another blow after its largest...
Billionaire Kretinsky, OnePoint Pitch Competing Offers for Atos
Bloomberg via Yahoo Finance Canada· 2 months ago(Bloomberg) -- Czech billionaire Daniel Kretinsky is facing off against David Layani’s OnePoint in...
PRESS DIGEST- Wall Street Journal - May 6
Reuters via Yahoo Finance Canada· 2 months agoMay 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Disney-owned ABC News President ...
Kretinsky and Layani face off in battle for distressed IT firm Atos
Reuters via Yahoo Finance Canada· 2 months agoThe battle for debt-laden IT consulting firm Atos pits Czech billionaire Daniel Kretinsky against...
Hedge funds that scooped up FTX bankruptcy claims are looking at 9-figure paydays. One investor...
Fortune via Yahoo Finance Canada· 4 months agoWhen rumors began swirling online that FTX was in trouble, one of the crypto exchange’s customers,...
FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'
CoinDesk via Yahoo Finance Canada· 4 months agoLondon-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit...
Signa Development bonds slump on Vienna insolvency filing
Pitchbook via Yahoo Finance Canada· 8 months agoSigna Development Selection bonds due 2026 were bid at just 6.5 on Nov. 29, after the parent company of the Austrian property group’s development arm filed for insolvency with the commercial ...
Distressed debt: Casino signs lock-up agreement opening way for final restructuring
Pitchbook via Yahoo Finance Canada· 10 months agoFrance-based supermarket group Casino has signed the lock-agreement that paves the way for its Daniel Kretinsky-led restructuring, according to a statement today. The agreement is with Kretinsky ...
Sam Bankman-Fried: crypto on trial
The Week via Yahoo Canada News· 10 months agoSam Bankman-Fried. Sam Bankman-Fried, the founder of the FTX crypto exchange, which collapsed last November, is scheduled to appear in a New York court...
Distressed Debt Investors Target Ftx Group’s Bankruptcy Proceedings for Potential Assets
Investing.com via Yahoo Finance Canada· 10 months agoLeading distressed debt investors are capitalizing on the ongoing bankruptcy proceedings of FTX Group, acquiring claims in the hope of uncovering more valuable assets. This strategic move has ...