(IN BRIEF) BayWa AG has reached an agreement with over 95% of its financial creditors on a long-term restructuring and financing plan, which will extend until 2027. However, a few dissenting creditors led BayWa to initiate restructuring proceedings under the … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Annual General Meeting, BayWa AG, capital increase, cro, debt waivers, Financial Creditors, financial statements, financing agreement, financing concept, legal certainty, long-term restructuring, Michael Baur, Munich Local Court, operational transformation, parent company, restructuring plan, restructuring proceedings, shareholders, StaRUG, StaRUG light, subsidiaries, €150 million
(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Politics, Sweden
Tagged break-even, business outlook, CHINA, China Financial Index, Chinese government, Covid-19 crisis, customer demand, economy, EU-China relationship, foreign businesses, foreign direct investment, foreign exchange rates, geopolitical concerns, Investment Outlook, Juliette Xue Lascoux, labor costs, local competition, May 2020, modest investments, northern European companies, order intake, partnership, pessimism, profit outlook, profit shrinkage, profitability, sales growth, SEB, SEB Shanghai, staffing outlook, subsidiaries, trade war, US presidential election, US-China relationship, US-China tensions
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