Neiman Marcus and PetSmart recently resolved disputes with creditors in part by promising to pay them with proceeds from IPOs or sales of their online businesses
A thriving market for IPOs is helping ease tensions between a pair of struggling retailers and their lenders, as Neiman Marcus Group Ltd. and PetSmart Inc. explore selling their e-commerce platforms.
In recent months, both retailers have resolved disputes with creditors in large part by promising to pay them with proceeds from initial public offerings or sales of their online businesses. Those quarrels centered on the controversial transfer of stakes in those businesses out of the reach of creditors and closer to their private-equity...
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Uber chief executive laments U.S. trade policy for lackluster IPOUber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company&...
Consulte Mais informação »
An IPO could make these workers wealthy – or leave them holding nothingAt the right company, an employee with stock options could wind up with a small fortune on his hands. But don't get dazzled by the offer. Here's what you should know before you commit.
Consulte Mais informação »
‘Smart’ Technology Could Change the Future of City FinancesFuture cities that collect real-time data about transit may be able to reroute buses at less-busy times to reduce wear-and-tear costs, freeing up cash
Consulte Mais informação »
Slack Projects 50% Revenue Growth in Current YearWith its IPO expected later this month, Slack Technologies said it expected revenue to increase by as much as 50% this fiscal year.
Consulte Mais informação »
21 Pairs Of Slip-Ons For Anyone Who's Too Lazy To Want To Tie Their ShoesAs a busy person in this world, sometimes you need to slip on some shoes and go!
Consulte Mais informação »