Latest Breaking News On - ப்ராஜெக்ட் கொலம்பஸ் - Page 1 : comparemela.com
Жінки та влада: реформи, здобутки, слід в історії
day.kyiv.ua - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from day.kyiv.ua Daily Mail and Mail on Sunday newspapers.
How WarnerMedia and Discovery plan to forge a media behemoth
18 May, 2021 11:16 PM
8 minutes to read
AT&T-owned WarnerMedia and Discovery hope to rival Netflix and Disney for eyeballs in the streaming market. Photo / AP
AT&T-owned WarnerMedia and Discovery hope to rival Netflix and Disney for eyeballs in the streaming market. Photo / AP
Financial Times
By: Anna Nicolaou, Alex Barker and James Fontanella-Khan
Lockdowns spurred many Americans to invest in home renovation projects or new hobbies. For David Zaslav, late-pandemic boredom spawned another idea: buying a US$100 billion ($138b) company. In February, the Discovery chief executive had arranged to play golf with AT&T chief John Stankey at the Pebble Beach Pro-Am tournament in California. But a Covid-19 surge wrecked the plan and Zaslav, feeling bummed , sent Stankey an email instead: Give me a buzz: I got an idea.
ক্ষুদে বিজ্ঞানীদের নিয়ে শুরু হচ্ছে ৩ দিনের আইওটি কর্মশালা
banglanews24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from banglanews24.com Daily Mail and Mail on Sunday newspapers.
Arrium âcould not avoid its day of reckoning with lendersâ
Save
Share
The former board of Arrium was warned it would be difficult to get its lenders to agree to forgive as much as half the money owed to them, which would make a proposal to restructure its debt tough to get over the line, the lawyer for the collapsed steelmakerâs liquidator says.
Lenders were first made aware of a proposed capital restructure from GSO Capital, a subsidiary of private equity firm Blackstone, on February 22, 2016. The proposal was agreed by the Arrium board and would require lenders to agree to a 45 per cent haircut to their owed debts, or a total of $1.238 billion, according to a presentation by investment bank Lazard to the board on February 4, 2016.
The battle over Arriumâs demise kicks off
The downfall of the one-time BHP Billiton division is to be forensically examined in three separate, but interlinked, legal actions getting under way on Monday.
Sparks are expected to fly in the NSW Supreme Court over the collapse of Arrium.Â
Robert Woodland
Save
Share
Five years after steel-maker Arrium spectacularly collapsed owing more than $2.8 billion to creditors, the downfall of the former BHP Billiton division, spun off as OneSteel in 2000, faces a forensic examination in three interlinked legal actions getting under way on Monday.
All three will be heard by Justice Michael Ball. Robert Bakewell, Arriumâs former chief financial officer and a defendant in the actions, has launched a cross-claim against Herbert Smith Freehills over its advice.
vimarsana © 2020. All Rights Reserved.