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Debt holders take control of Travelex in return for £84m injection

(Sharecast News) - Foreign exchange company Travelex has agreed to a deal that will see its lenders take full control of the business in return for a debt restructuring and £84m cash injection, the company's parent Finablr said.

8 Jul 20 06:59

NMC Health requests delisting of shares

(Sharecast News) - NMC Health has asked for its shares to be removed from trading on London Stock Exchange after the scandal-ridden company was suspended two months ago.

27 Apr 20 09:50

NMC Health Requests Cancellation Of Listing On London Stock Exchange

NMC Health Requests Cancellation Of Listing On London Stock Exchange

27 Apr 20 09:32

NMC Health Administrators Replace Board With New Outside Directors

NMC Health Administrators Replace Board With New Outside Directors

14 Apr 20 10:42

NMC administrators sack old board, bring in new non-execs

(Sharecast News) - New administrators at troubled Gulf hospital operator NMC Health threw out the old board and brought in four new non-executive directors to handle the group's restructure.

14 Apr 20 08:04

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

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