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A debt/equity swap is a financial restructuring strategy where a company exchanges outstanding debt for equity in the business. This can help a company reduce its debt burden and interest costs ...
Enel Green Power North America (EGPNA) has struck a swap agreement with Gulf Pacific Power to increase its indirect equity ...
Diageo (NYSE:DEO) might have finally found a solution for its struggling Ciroc vodka brand through an equity swap with brand management group Main Street Advisors and LeBron James’-backed Lobos ...
A share swap transaction, typically seen in mergers and acquisitions (M&A), is a deal where a company offers its own shares ...
Stolt Offshore says its debt for equity swap, under which the Stolt-Nielsen Transportation Group has subscribed for an additional 22,727,272 Common Shares in consideration for the cancellation of ...
On the question of whether a debt-for-equity swap carried out at an undervalue was necessarily unfairly prejudicial, the Court of Appeal held that on a proper analysis of Re Sunrise Radio — a ...
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...
The move on the part of Bharti comes after the government, late last month converted Rs 36,950 crore of Vodafone Idea’s spectrum dues into equity, raising its stake from 22.6% to 48.99%.
Bharti Airtel has reportedly asked the government to exchange its statutory debts for equity. The company owes the government over Rs 70,000 crore. This includes around Rs 40,000 crore in AGR dues.
Airtel has not officially commented on the matter as yet. The formula to swap the outstanding statutory payment dues with equity had been initiated by the department of telecom to help the ...