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.
Ukraine chose Baker Tilly International to value state-owned NAK Naftogaz Ukrainy’s natural gas pipelines and storage sites under a plan to manage the assets with Russia and the European Union.
Ukraine received four bids to value state-owned NAK Naftogaz Ukrainy’s pipelines and gas storage, said Deputy Chief Executive Officer Vadym Chuprun.
The Central Bank of Bahrain said a local court ruled in its favor, rejecting an appeal against placing Awal Bank BSC under administration after it defaulted on loans.
London Wasps owner Steve Hayes put the two-time European rugby champion up for sale, three years after taking control of the club.
Three NM Rothschild & Sons Ltd. executives sued UBS AG, Switzerland’s biggest bank, in London for advising them to take part in a personal tax shelter that lost them money.
"This transaction allows for the ongoing success of RSM Tenon's profitable trading businesses, free from the burden of the group's historic debt obligations."
- Baker Tilly on Aug 22, 2013