Debt Management - Morgan Stanley to Buy Australia’s Investa
Morgan Stanley to Buy Australia’s Investa
CNBC - The offer valued Investa at A$6.6 billion including debt. Morgan Stanley, which agreed on May 22 to buy U.S.-based Investa is a diversified property company with A$7 billion in assets under management, including an Australian commercial office
EDPRS to streamline public financial management
Rwanda New Times - Devise a training plan for staff in the public debt management team. Continue to eliminate dormant or unnecessary government bank accounts and enforce strict control over opening new bank accounts. Public Procurement Reforms Setting a legal framework
Biofuels in talks on debt problem
IC Newcastle - out Biofuels Corporation in December 2005 with a 71m debt package, after the company ran up a 15m extra costs on the Seal Sands plant, and a 50m one-off loss from the closing out of hedging contracts put in place by the previous management.
Editorial: A fresh start for Northwest Airlines
Minneapolis Star Tribune - the Chapter 11 restructuring has allowed it to shed more than $1.4 billion in annual labor costs and $4.2 billion in debt its unions start now to prepare. For 20 years or more, Northwest has lurched from one crisis to another — each time management
Investing in FMPs has its risks, too
Sify - A fund manager needs to actively manage the investments like he does in case of a diversified equity fund or other debt funds. Given the passive style of management, mutual funds cannot charge high management fees for FMPs, which means these