PQH's €0.5 Billion Sale Boosts Greek Non-Performing Loan Recovery
PQH, a Greek asset management company, completed the sale of a €4.8 billion non-performing loan portfolio for approximately €0.5 billion, increasing total recoveries to €1.7 billion since its 2016 founding, showcasing its role in resolving Greece's banking crisis.
PQH's €0.5 Billion Sale Boosts Greek Non-Performing Loan Recovery
PQH, a Greek asset management company, completed the sale of a €4.8 billion non-performing loan portfolio for approximately €0.5 billion, increasing total recoveries to €1.7 billion since its 2016 founding, showcasing its role in resolving Greece's banking crisis.
Progress
44% Bias Score
Wefox Secures €170m Lifeline from Searchlight to Avoid Asset Sale
Searchlight Capital Partners is leading a €170m refinancing package for Wefox, a European insurance company, to avert a fire sale of assets and address significant losses, with an equity raise of €80m-€100m expected to be completed next month.
Wefox Secures €170m Lifeline from Searchlight to Avoid Asset Sale
Searchlight Capital Partners is leading a €170m refinancing package for Wefox, a European insurance company, to avert a fire sale of assets and address significant losses, with an equity raise of €80m-€100m expected to be completed next month.
Progress
40% Bias Score
Atos Completes Restructuring, Reduces Debt by €2.1 Billion
French IT group Atos finalized its financial restructuring plan on December 19th, reducing debt by €2.1 billion through equity conversion and new financing, avoiding bankruptcy and paving the way for a strategic refocusing involving the potential sale of its "Advanced Computing" division to the Fren...
Atos Completes Restructuring, Reduces Debt by €2.1 Billion
French IT group Atos finalized its financial restructuring plan on December 19th, reducing debt by €2.1 billion through equity conversion and new financing, avoiding bankruptcy and paving the way for a strategic refocusing involving the potential sale of its "Advanced Computing" division to the Fren...
Progress
40% Bias Score
Boeing Ends Strike, Announces Layoffs
Boeing resolves a strike with its engineers but announces plans for significant job cuts, despite paying back lost wages.
Boeing Ends Strike, Announces Layoffs
Boeing resolves a strike with its engineers but announces plans for significant job cuts, despite paying back lost wages.
Progress
0% Bias Score
Baywa Announces Restructuring Plan to Address Billions in Debt
Baywa, a heavily indebted German conglomerate, is restructuring to address billions in debt accumulated through rapid expansion. The plan includes selling its 48% stake in Raiffeisen Ware Austria for €176 million by end of March 2025 and cutting 1,300 jobs (16% of its German workforce) to achieve fi...
Baywa Announces Restructuring Plan to Address Billions in Debt
Baywa, a heavily indebted German conglomerate, is restructuring to address billions in debt accumulated through rapid expansion. The plan includes selling its 48% stake in Raiffeisen Ware Austria for €176 million by end of March 2025 and cutting 1,300 jobs (16% of its German workforce) to achieve fi...
Progress
40% Bias Score
Pronovias projects further losses in 2024 despite restructuring
Pronovias, under Bain Capital's ownership since April 2022, reported a €128.5 million loss in 2023, higher than initially reported due to impairments, and anticipates further losses in 2024 despite a restructuring plan focused on cost efficiency and market expansion.
Pronovias projects further losses in 2024 despite restructuring
Pronovias, under Bain Capital's ownership since April 2022, reported a €128.5 million loss in 2023, higher than initially reported due to impairments, and anticipates further losses in 2024 despite a restructuring plan focused on cost efficiency and market expansion.
Progress
40% Bias Score
Attica Bank Reports Operating Profit but Net Loss After Merger and Loan Provisions
Attica Bank announced a €27.3 million operating profit in the first nine months of 2024 after absorbing Pancretian Bank, but a net loss of €343.3 million due to €385 million in provisions under the "Hercules" program and €9.7 million in merger expenses; the bank aims for an NPE ratio below 3% by yea...
Attica Bank Reports Operating Profit but Net Loss After Merger and Loan Provisions
Attica Bank announced a €27.3 million operating profit in the first nine months of 2024 after absorbing Pancretian Bank, but a net loss of €343.3 million due to €385 million in provisions under the "Hercules" program and €9.7 million in merger expenses; the bank aims for an NPE ratio below 3% by yea...
Progress
4% Bias Score