bloomberg.com
Private credit lender Permira Credit is in advanced talks to take over German tour operator Berge & Meer, according to the company, another sign of the growing trend of direct lenders moving to take equity positions to support their debtors.
29 days ago
bloomberg.com
Several German subsidiaries of First Brands Group have filed for insolvency, in a sign that the fallout from the US car parts supplier’s September bankruptcy is rippling through to its foreign operations.
about 2 months ago
bloomberg.com
UK energy services provider Petrofac Ltd has filed to enter administration after the latest plans to restructure its balance sheet unexpectedly fell through, putting thousands of jobs at risk.
about 2 months ago
bloomberg.com
A German battery-maker partly owned by the investment firm of BMW AG heiress Susanne Klatten filed for insolvency for some of its key units, citing the loss of an unnamed customer.
about 2 months ago
bloomberg.com
German auto supplier Webasto got unanimous consent from stakeholders for a restructuring deal that will see its shareholders transfer a significant portion of their stock to a trustee.
2 months ago
bloomberg.com
Polish real estate developer Globe Trade Centre SA is in talks to sell part of a German residential portfolio it bought less than a year ago.
3 months ago
bloomberg.com
For much of the past two decades, Europe’s northernmost countries have largely been considered a backwater in the corporate debt world. A recent influx of international investors has started to chip away at that image.
3 months ago
bloomberg.com
German auto-parts maker ZF Friedrichshafen AG has increased the size of a planned bond sale by $500 million to $1.25 billion, highlighting investors’ appetite for credit despite pressures on the broader automotive sector.
3 months ago
bloomberg.com
Sotheby’s reported a nearly 20% drop in revenue from commissions and fees last year as sales of luxury items and works of fine art at auction dwindled.
4 months ago
bloomberg.com
Sotheby’s reported a nearly 20% drop in revenue from commissions and fees last year as sales of luxury items and works of fine art at auction dwindled.
4 months ago
bloomberg.com
Rising costs, shifting consumer habits and reputational risks are changing the industry
4 months ago
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