Penn West Petroleum plans to use those proceeds to pay down debt, which when combined with other
recent asset sales is expected to drop its debt down to C$ 600 million.
Diageo (DEO) will discuss
its recent asset sales and how it plans to boost global sales amid it recent rocky results.
Arnaud Lagardere, who has a stake of some 7 percent in Lagardere's share capital, also told the company's annual shareholding meeting on Thursday that Lagardere would re-invest proceeds from
recent asset sales back into its core business.
Not exact matches
These included such bullet points as «
Recent organizational realignment has strengthened focus on
sales and revenue generation,» and «Well positioned in our markets, strong portfolio of strategic
assets and committed to achieving revenue growth.»
Tim O'Neill, the former Bank of Montreal chief economist hired by the B.C. government to review the revenue projections in the most
recent budget, found no problems with the plan to include
asset sales.
Sears Holdings» (shld)
sales may have declined in
recent years, but some of its
assets remain prized.
We look for Pfizer's fast - growing oncology business (
sales +35 % in the March period), led by standout
asset IBRANCE and
recent acquisitions (Anacor and Medivation), to help support comps over the next several quarters.
That valued the Dodsland
assets at 15 times debt - adjusted cash flow, which was more than twice the valuation of
recent sales.
Nevertheless, when the world economy has been in a dramatic downturn in
recent weeks and some then global giants»
assets are put on yard -
sale, many people would expect that it might be a time for China's outward investment to come in a big wave.
However, thanks to some non-core
asset sales and its strong cash flow in
recent quarters, Teck Resources has been slowly shoring up its financial situation.
Pluris» proprietary LiquiStat database includes valuation data from
recent sales of illiquid
assets: restricted stock, warrants, options, convertibles, auction rate securities, structured products, bankruptcy claims, private company stock, and limited partner interests.
deCODE's actual results could differ materially from those anticipated in the forward - looking statements as a result of risks and uncertainties, including, without limitation, (1) the impact of the announcement of its bankruptcy filing on deCODE's operations; (2) the ability of deCODE to maintain sufficient debtor - in - possession financing to fund its operations and the expenses of the Chapter 11 proceeding; (3) the ability of deCODE to obtain court approval of its motions in the Chapter 11 proceeding; (4) the outcome and timing of the proposed
sale of deCODE's
assets, including deCODE's ability to close a transaction with SagaInvestments, LLC or any other purchaser; (5) the uncertainty associated with motions by third parties in the bankruptcy proceeding; (6) deCODE's ability to obtain and maintain normal terms with vendors and service providers and contracts that are critical to its operation; and (7) other risks identified in deCODE's filings with the Securities and Exchange Commission, including, without limitation, the risk factors identified in our most
recent Annual Report on Form 10 - K and any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10 - Q or Current Reports on Form 8 - K.
Considering the EUR 65 million + in gains NTR realised (in its most
recent FYs) from legal claims,
asset sales, contingent consideration, and release of prior accruals / provisions, considerable optionality may still exist in such legacy
assets.]
Recent highlights include assisting with the
sale of a multi-site professional services business to an international purchaser, and advising an owner - managed business on a share
sale, which involved a prior
asset restructuring process.
Recent work highlights include representing several underwriters in the BRL16.1 billion global offering of shares by Telefônica in the Brazilian and US markets, as well as advising Renova Energia on the USD5 billion
sale and swap of its shares held in Brazilian renewable power
assets to TerraForm Global.
We have also been retained by Canadian debtors and their creditors in many of the largest and highest - profile cross-border restructurings in
recent years, including leading roles in Chapter 11 and Chapter 15 proceedings, Canadian - U.S. cross-border insolvency proceedings, out - of - court workouts and
asset sales involving distressed companies.
In a
recent judgment the High Court determined that the bank was in breach of the requirement not to withhold its consent unreasonably to the release of a secured
asset from its security package for the purposes of
sale.
«The decision to sell this shopping center, as was the case with the
recent sale of a freestanding Toys «R» Us in Commack, N.Y., is part of our overall strategy to sell non-core
assets that are not redevelopment candidates,» says Dennis Gershenson, president and CEO.
Sales of retail properties continue to accelerate, with most investor groups now on the lookout for attractive retail
assets, according to the most
recent report from Real Capital Analytics (RCA), a New York City - based research firm.
On the Market is a weekly department curating the most interesting
recent for -
sale CRE
assets.
On our
recent fund when we sell off the performing notes in year 5, that will be a capital gain from the difference from the adjusted cost basis of the
assets to the net
sales income, but the income to our fund members from the loan payments up to that point will be ordinary income.