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When a company recovers from financial distress


When a company recovers from financial distress
Thursday February 04 2021
NSE chief executive Geoffrey Odundo (left) with Nairobi Business Ventures executives Vasu Abotula (centre) and Raj Srungarapu during a bell ringing ceremony. PHOTO | DIANA NGILA | NMG
By LOISE WANGUI
It is said that even the most successful businesses have failed at some point in time. Companies that are financially stable today may not be so tomorrow. Equally, many companies that are financially unstable today may have a turnaround strategy that propels them to success.
Handled correctly, rock bottom could serve as the first stepping stone a company needs to begin climbing back up to the top. This is the lesson learnt from the recent restructuring of the Nairobi Business Ventures Limited (NBV) through the injection of capital in exchange for equity by a strategic investor, Delta International FZE. ....

Nairobi Area , Capital Markets Authority , Nairobi Business Ventures Limited , Delta International , Enterprise Market Segment , Nairobi Securities Exchange , நைரோபி பரப்பளவு , மூலதனம் சந்தைகள் அதிகாரம் , நைரோபி வணிக முயற்சிகள் வரையறுக்கப்பட்டவை , டெல்டா சர்வதேச , நிறுவன சந்தை பிரிவு , நைரோபி பத்திரங்கள் பரிமாற்றம் ,