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TOP NEWS: Administrators Appointed To NMC After Creditor Petition

TOP NEWS: Administrators Appointed To NMC After Creditor Petition

9 Apr 20 15:52

NMC Health placed in administration

(Sharecast News) - Beleaguered Gulf hospital operator NMC Health was placed in administration on Thursday after one of its largest creditors took legal action.

9 Apr 20 15:37

Finablr appoints adviser to examine future options

(Sharecast News) - Travelex owner Finablr said it had appointed Houlihan Lokey to advise on options for the company including a debt restructuring, capital raise or asset sale.

9 Apr 20 07:58

TOP NEWS: Hospital Operator NMC To Be Placed Into Administration

TOP NEWS: Hospital Operator NMC To Be Placed Into Administration

8 Apr 20 15:51

NMC Health expects to enter administration

(Sharecast News) - Healthcare company NMC Health on Wednesday said it expected to be placed into administration after failing to reach agreement with its creditors.

8 Apr 20 07:33

TOP NEWS: NMC Health In Talks With Creditors To Avoid Administrators

TOP NEWS: NMC Health In Talks With Creditors To Avoid Administrators

6 Apr 20 12:17

NMC Health trying to fend off administration move by ADCB

(Sharecast News) - Beleaguered Gulf hospital group NMC Health said it was trying to get Abu Dhabi Commercial Bank (ADCB) to withdraw a legal application proposing that NMC be placed under administration.

6 Apr 20 07:17

Sunday newspaper round-up: Next, Water giants, NMC Health

(Sharecast News) - Fashion retailers and their suppliers are braced for a massive shake-out of the industry as an estimated £10bn of clothing piles up in warehouses during the coronavirus lockdown. Retail insiders said major firms including Primark, Peacocks, Arcadia and Next had all stopped taking deliveries to their warehouses because they had no more room. Numerous poorer performing retailers, including Debenhams and vintage-inspired retailer Cath Kidston, are on the verge of collapse. - Guardian

5 Apr 20 20:39

Finablr Hires New CEO Soon After Appointing Insolvency Advisors

Finablr Hires New CEO Soon After Appointing Insolvency Advisors

1 Apr 20 08:52

EY quits as Finablr auditor over governance concerns

(Sharecast News) - Travelex owner Finablr said Ernst & Young (EY) had quit as its auditor over concerns about corporate governance at the troubled foreign exchange firm.

30 Mar 20 07:15

EXECUTIVE CHANGE SUMMARY: Shareholder To Become Executive Chair Of NMC

EXECUTIVE CHANGE SUMMARY: Shareholder To Become Executive Chair Of NMC

26 Mar 20 17:42

TOP NEWS: NMC Health Says Debt Now At USD6.6 Billion, CFO Resigns

TOP NEWS: NMC Health Says Debt Now At USD6.6 Billion, CFO Resigns

24 Mar 20 10:48

NMC Health says debt up $1.6bn, finds $50m in undisclosed cheques

(Sharecast News) - Troubled Gulf hospital operator NMC Health revealed its debts had now increased to $6.6bn from $5bn and investigations had discovered $50m in cheques written as security on loans for unnamed "third parties".

24 Mar 20 10:00

UAE's Central Bank To Supervise Operations Of Finablr's Forex Unit

UAE's Central Bank To Supervise Operations Of Finablr's Forex Unit

18 Mar 20 15:13

TOP NEWS: Finablr Appoints Accountants For Potential Insolvency

TOP NEWS: Finablr Appoints Accountants For Potential Insolvency

17 Mar 20 09:36

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