RSM Tenon Group Plc, the U.K.’s seventh-largest accounting and business advisory company, went into administration after takeover talks with Baker Tilly UK Holdings Ltd. fell apart and a key creditor said it wouldn’t relax lending terms.
Baker Tilly, a U.K. investment company, will complete the evaluation of Ukraine’s state-owned oil and gas company NAK Naftogaz Ukrainy in two to three weeks, Kommersant-Ukraine newspaper reported, citing Energy and Coal Minister Yuriy Boyko.
Zoomlion Heavy Industry Science & Technology Co.’s dollar-denominated bonds sold in December dropped to a record low after the company denied allegations that it had reported fictitious sales and falsified accounts.
Zoomlion Heavy Industry Science & Technology Co., China’s second-biggest construction-equipment maker, denied allegations in a press article published yesterday that it had reported fictitious sales and falsified accounts.
Paul Ryan, Mitt Romney’s choice for vice president, is one of the top political fundraisers in Congress, with backing from the employees of banks and insurance companies that would benefit from his actions on financial regulation and Medicare.
U.K. private equity executives are lobbying against a government plan that may more than double the tax they pay on the profit from their investments. Privately, they say it’s a battle they’re resigned to losing.
HMV Group Plc, the U.K.’s biggest DVD and music retailer, agreed to sell its Waterstone’s book chain to billionaire Alexander Mamut for 53 million pounds ($86 million) as it seeks to cut rising debt and stave off lenders.