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...Gupta also owns a £19.5m property in Sydney, a £3m estate in Wales, a villa on Dubai’s man-made Palm Jumeirah and the Jahama Highland Estates in Scotland....
...This leaves the Russian-Czech consortium of Skoda JS, Atomstroyexport and Gidropress fighting it out with the Japanese-US firm Westinghouse....
...Rosatom, the Russian nuclear holding, has stated in the past it would be prepared to offer full financing for the project; Westinghouse has ruled this out....
...Atomstroyexport’s parent, nuclear holding Rosatom, sweetened the Russian offer in March by saying it was ready to offer full funding for the project and would consider any type of strategic partnership,...
...Last week, the head of Russian state nuclear holding Rosatom, Sergei Kiriyenko, was in Prague for several days, during which he spoke at the Atomex Europe 2011 international forum....
...While the lenders, including hedge funds Anchorage and Highland Capital Management, weigh up the competing proposals, MGM continues to be run by Stephen Cooper, its interim chief executive....
...The problems in the sector have set in motion a vicious cycle in the markets as hedge funds sell holdings to return money to worried investors, triggering further price declines and prompting more withdrawals...
...This week, Highland began trying to sell a portfolio of loans with a nominal value of $640m....
...As for who might be left holding the bag, the Tribune’s filing lists Merrill, Deutsche and JP Morgan....
...As Highland Gold is not currently a company subject to the Takeover Code, investors should be aware that shareholders (including Barrick, and, in due course, Millhouse LLC) are able to increase their interests...
...The bankruptcy court overseeing Delphi’s reorganisation approved the equity investment plan earlier this month over the objections of hedge fund Highland Capital Management, which offered a rival $4.7 billion...
...Former Highland Distillers’ boss and well-known City figure Sir Brian Ivory is adding his weight to the board of new pension buy-out company Synesis Life as a non-executive director....
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