Mon, 27 Jun 2011 | BUSINESS NEWS
Government proposals are piling the pressure onto [prepack] administration deals, in a move that could help to open the market to more business buyers who are interested in the distressed market.
The draft statutory instrument would require companies to give creditors several days' notice of a prepack. Business Sale Report welcomes this change, claiming it would create opportunities for interested parties to bid on businesses in administration.
Prepack deals effectively allow managers to buy their companies free of debt. They have received praise for their ability to preserve goodwill, but criticised for skewing competition with rival companies.
This mixed dental practice in South Yorkshire presents an enticing opportunity, located in a thriving area poised for substantial residential growth.
LEASEHOLD
Project Compliance is a well-regarded environmental compliance services company, specialising in essential services like Legionella risk assessment and Asbestos surveys across various industries. With prestigious certifications and a strong emphasis...
This well-established dental practice in North London boasts high-quality services with three well-equipped surgeries, offering a solid foundation for continued success and expansion.
FREEHOLD
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Gloucester electricals distributor enters administration | ADMINISTRATION
South West-based distributor John Gillman & Sons (Electrical...
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