Tag: liquidation

22 JUN

Abraaj, a private-equity firm, files for provisional liquidation

UNTIL recently the Abraaj Group, a private-equity firm based in Dubai, was riding high. It was one of just a few such firms focused on emerging markets, and a darling of “impact investors”, who seek social or environmental returns, not just financial ones. Assets under management of $ 13.6bn made it the largest private-equity firm […]

20 MAR

Top toy makers are trying to stop Toys R Us from kicking off liquidation sales

AP Toys R Us is defending its plan to liquidate its US business in US Bankruptcy Court on Tuesday. More than 50 toy suppliers, including Mattel and Lego, have objected to the retailer’s plan to close or sell all of its US stores.  Experts told Reuters that Toys R Us’ request to halt supplier payments […]