Japanese trading house Itochu Corp. plans to acquire used car dealership Bigmotor Co. mired in an insurance fraud scandal, sources with knowledge of the matter said Wednesday. Itochu plan
Japanese trading house Itochu Corp plans to acquire used car dealership Bigmotor Co mired in an insurance fraud scandal, sources with knowledge of the matter said Wednesday. Itochu plans to take over Bigmotor's used car sales business in the hope of bolstering Itochu's existing automobile division. The trading house is…
Foreign lessors, including an Irish subsidiary of U.S.-based ACG, were blocked from recovering jets caught up in the bankruptcy of budget carrier Go First last year and many are still embroiled in a legal battle to recover their assets.
India s fast-growing airline
industry faces higher leasing bills unless the country clarifies
its insolvency laws, the head of major leasing firm Aviation
Capital Group said on Wednesday. .
Japanese trading house Itochu Corp says it is considering investing in Bigmotor Co in a bid to help reconstruct the used car dealership mired in an insurance fraud scandal. Itochu, together with its subsidiary Itochu Enex Co and investment fund J-Will Partners, won exclusive negotiation rights and will launch due…