Welcome to Top Store

Best Products at Best Prices

0$0.00

No products in the cart.

Tag: collapses

Shopping centre owner Intu collapses into administration | Business

Intu Properties has collapsed into administration after the heavily indebted shopping centre owner failed to secure an agreement with its creditors. The company, whose centres include Lakeside in Essex, the Trafford Centre in Manchester and Gateshead’s Metrocentre, has debts of more than £4.5bn and was unable to persuade lenders to grant a standstill on debt …

Shopping centre owner Intu collapses into administration | BusinessRead More

Hawkin’s Bazaar toy chain collapses into administration | Business

Toy chain Hawkin’s Bazaar has become the latest retailer to collapse into administration, putting nearly 200 high street jobs at risk. The Norwich-based chain has suspended its website but its 20 stores, which are already running clearance sales, remain open. Gift cards will only be accepted for a limited time after administrators were appointed. Tom …

Hawkin’s Bazaar toy chain collapses into administration | BusinessRead More

Flotations, corporate collapses and Brexit: the year in business | Business

For business and finance, 2019 was a year of big-name corporate collapses, investigations into alleged scandals and the inevitable arguments about Brexit. Bankers and tycoons tried to get on with things by attempting huge flotations, large mergers and sizeable refinancings – with mixed results. Here is a review of the year in business. Floats Saudi …

Flotations, corporate collapses and Brexit: the year in business | BusinessRead More

Bankers miss out on $35m payday as Latitude Financial’s $3.2bn IPO collapses | Australia news

One of the year’s most-hyped share market floats, the $3.2bn Latitude Financial IPO, has failed after superannuation funds led by the nation’s biggest, Australian Super, decided not to purchase shares in the company. Latitude, a lender which is part-owned by private equity group KKR and helmed by controversial businessman Ahmed Fahour, decided to yank the …

Bankers miss out on $35m payday as Latitude Financial’s $3.2bn IPO collapses | Australia newsRead More