Category : Acquisitions


Firm's Vegas Trip After £3m Debt Bust Sparks Phoenixism Row

A recruitment business that collapsed owing £2.9m, including £647k to HMRC, has been repurchased by its ex-owner and now offers staff an all-expenses-paid Las Vegas trip, raising concerns over phoenixism practices in corporate insolvency.

BrewDog Could Be Sold Off Amid Investor Search

Craft beer giant BrewDog is evaluating a potential sale after appointing AlixPartners to find new investors, while ceasing spirits production to focus on core beer brands like Punk IPA.

BrewDog Could Be Broken Up as Sale Process Begins

Craft beer giant BrewDog has appointed consultants AlixPartners to oversee a sale process, potentially leading to the breakup of the company. The Scotland-based brewer is evaluating investment options amid economic challenges.

DP World CEO Leaves Over Epstein Email Scandal

Sultan Ahmed bin Sulayem has departed as chair and CEO of DP World, owner of P&O Ferries, following intense pressure over his email communications with convicted sex offender Jeffrey Epstein.

DP World Chairman Ousted Over Epstein Messages

Dubai-based logistics giant DP World has replaced its chairman Sultan Ahmed bin Sulayem following the release of messages with Jeffrey Epstein. The firm owns P&O Ferries and operates UK ports.

CK Hutchison Warns of Legal Action Over Panama Ports

Hong Kong's CK Hutchison Holdings escalates its dispute with Danish logistics giant A.P. Moller-Maersk over the operation of two critical Panama Canal ports, threatening legal recourse amid geopolitical tensions.

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