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Related Special Reports
...legal action as part of a group....
...Ofwat is due to make a draft decision in June and a final ruling early next year....
...Altice did not reply to a request for comment....
...If a single penny of this is passed on to bill payers then it will be nothing less than a national scandal.”...
...By September, their book value had fallen to €2.8bn, with a liquidation value of just €314mn if the assets had to be sold at short notice. Signa did not respond to a request for comment....
...Sotheby’s is looking to borrow $500mn for three years* against a pool of loans it provides to filthy rich art collectors, through a new securitisation vehicle the auction house has dubbed ArtFi....
...commitment to invest a further £500mn....
...“That’s what happens with a nationalisation,” said one government official....
...comply with a judgment....
...Miles Roberts, DS Smith chief executive, said: “The combination with International Paper is an attractive opportunity to create a truly international sustainable packaging solutions leader that is well positioned...
...On Friday, one of the holding companies that owns Thames Water said interest payments that were due this week on a £400mn bond “have not been paid”, and issued a “formal notice of default”....
...Shareholders have asked the regulator Ofwat for a 56 per cent increase in bills and leniency on fines....
...Thames Water, the government and Ofwat are now rushing to find a solution....
...a non-disclosure agreement to a “private email address”....
...Solutions could involve a debt-for-equity swap that would wipe out Thames Water’s current shareholders, a slide into special administration that would see external administrators seek new investors, or a...
...The crash suggested the protection around the bridge’s piers — or main supports — from ships was “inadequate”, said Robert Benaim, a fellow of the UK’s Royal Academy of Engineering....
...Scope handed Greensill Bank, the group’s German banking unit, a strong A- credit rating in August 2019, in a report that touted the Bremen-based lender’s very high capitalisation and liquidity....
...collapse of a Baltimore bridge on Tuesday....
...But they expect other bottlenecks to force delays at ports including Charleston, New Jersey and New York because of increased traffic and a potential shortage of dockside vehicle handlers....
...”, they said in a statement....
...Consolidated financial statements are supposed to present the finances of a parent and its subsidiaries as a single group....
...There is the po-faced party member who has taken the surname Smith-Smith; she insists on keeping her maiden name, even though it is the same as her husband’s (she has also worked out which Smith comes first...
...German property group Adler’s restructuring suffered a setback on Tuesday after a London court overruled an earlier decision that gave the green light to a plan designed to stave off insolvency.The Court...
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
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