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Goldman Sachs to invest $184 million in Brazil storage company: executive
July 23, 2016 by elegant · Leave a Comment
Goldman Sachs Group Inc will invest 600 million reais ($184 million) in Brazilian storage company Metrofit over the next 6 years, betting on a recovery from the harshest recession since the 1930s, a company executive said on Friday. Metrofit, founded in 2012, is a joint venture between Brazilian real estate company TRX and U.S. company Metro Self Storage. The self storage business is growing in Brazil, despite the recession.
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Goldman Sachs to invest $184 million in Brazil storage company: executive
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Unsecured creditors seek quick end to Sports Authority bankruptcy
July 23, 2016 by elegant · Leave a Comment
Unsecured creditors of the bankrupt retailer Sports Authority are seeking to convert the case to a quick liquidation, saying in a Friday court filing the company should not waste its dwindling funds preparing a plan to end its Chapter 11. The Englewood, Colorado-based chain entered Chapter 11 bankruptcy with 464 stores in March and hoped to sell some locations as an ongoing business. The largest U.S. sporting goods retailer, Dick's Sporting Goods Inc , acquired the Sports Authority name and other intellectual property at a June auction.
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Unsecured creditors seek quick end to Sports Authority bankruptcy