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Cimos to get fresh capital in EUR 10.5m debt-to-equity swap
09 Apr 2025 14:23 GMT
Koper, 9 April - German fund Mutares, which owns the Koper-based automotive parts manufacturer Cimos through the company FerrAI United, will recapitalise Cimos by means of a debt-to-equity conversion. The registered capital will increase by EUR 10.5 …
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Japan's Top 2 Drugstore Chains to Merge in Dec.
11 Apr 2025 16:47 GMT
… wholly owned subsidiary through an equity swap, a deal being led by …
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Govt to increase stake in Vodafone Idea with ₹36,950-Crore debt-to-equity swap
30 Mar 2025 20:55 GMT
The Centre has decided to increase its stake in Vodafone Idea from 22.60 per cent to 48.99 per cent by converting debt worth ₹36,950 crore into equity. This move will dilute the stakes of the Aditya Birla Group and Vodafone Plc, though they will continue …
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Govt to increase stake in Vodafone Idea with ₹36,950-Crore debt-to-equity swap
30 Mar 2025 15:59 GMT
The Centre has decided to increase its stake in Vodafone Idea from 22.60 per cent to 48.99 per cent by converting debt worth ₹36,950 crore into equity. This move will dilute the stakes of the Aditya Birla Group and Vodafone Plc, though they will continue …
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Boumarang, Inc. Expands Horizons with Acquisition of Wavedrone Maritime Drone Technology
11 Apr 2025 12:30 GMT
… and outstanding shares. This strategic equity swap strengthens the collaborative synergy between …
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PZ Cussons’ shareholders block N51bn debt-to-equity swap
17 Mar 2025 01:20 GMT
PZ Cussons Nigeria Plc has disclosed that its minority shareholders voted against the conversion of $34.26m (equivalent to N51.79bn) of the outstanding intercompany loan amount owed by the company to its parent company PZ Cussons (Holdings) Limited (“PZCH …
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China Expands Funding Sources for Debt-to-Equity Swaps
06 Mar 2025 05:50 GMT
… investment plans with debt-to-equity swaps as underlying assets, including … to conduct debt-to-equity swaps and boost equity financing … bonds to fund debt-for-equity swaps.
However, AICs still … products because debt-to-equity swaps often involve higher risks, …
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PZ Cussons Nigeria’s debt-to-equity swap: Lifeline or dilution trap?
25 Feb 2025 18:58 GMT
… Cussons Nigeria’s debt-to-equity swap is more than just a …
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PZ Cussons plans $34.3m debt-to-equity swap
17 Feb 2025 06:47 GMT
PZ Cussons Nigeria is looking to convert a $34.3 million debt to its parent group, PZ Cussons (Holdings) to equity. This will see the parent group increase its stake in PZ to 82.79 percent, from the current 73.27 percent.
PZ Cussons, in its explanatory …
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Legal insight: Understanding debt for equity swaps
06 Jan 2025 08:39 GMT
… management is a debt for equity swap (DFES).
What is a DFES …