by Engaged BT | Mar 4, 2022 | Engaged Business Turnaround
Corporate Restructuring Strategies Businesses now operate in a set of circumstances that has been reshaped by a pandemic. For some businesses, says Deloitte, the need for change may be painfully obvious. For others experiencing a milder impact, there still may...
by Engaged BT | Mar 3, 2022 | Engaged Business Turnaround
Inside Edgars’ unlikely revival Retailability pulled off a coup in 2020 when it bought 114 Edgars stores. Now, they’ve all turned profitable. Retailability’s CEO tells Financial Mail where the problems lay, how they fixed it and how, having...
by Engaged BT | Mar 1, 2022 | Engaged Business Turnaround
Hope for Ster Kinekor On 9 March, Ster Kinekor’s creditors will vote on a business rescue plan that includes two new owners. Blantyre Capital, in partnership with Green Point Capital, had offered to buy the movie business with an R250 million senior...
by Engaged BT | Feb 28, 2022 | Engaged Business Turnaround
Huge Turnaround for Spur In some aspects, SA is getting back to 2019 earnings levels, but some brands are much closer to recovery than others. Bruce Whitfield of The Money Show interviews Val Nichas, Group CEO of the Spur Corporation (the group’s brands...
by Engaged BT | Feb 23, 2022 | Engaged Business Turnaround
EngagedBT made it to the Top 4 for Business Rescue Transactions of the Year at the Ansarada DealMakers Annual Awards 2021 on Tuesday eve – thanks to our client, Consolidated Steel Industries! We’re so proud of the work we’ve done for Consolidated Steel...
by Engaged BT | Jan 20, 2022 | Engaged Business Turnaround
Engaged Business Turnaround in Ansarada DealMakers Annual Awards The Engaged team is proud to be mentioned as an adviser in one of the business rescue transactions shortlisted for the annual Ansarada DealMakers Annual Awards, taking place on 22 Feb. Read...
by Engaged BT | Jan 18, 2022 | Engaged Business Turnaround
Rothschild hired by Eskom creditors to help steer debt plan. SA’s biggest business turnaround takes a step forward as Eskom Holdings SOC Ltd.’s creditors started working with financial advisory firm Rothschild & Co. to prepare South Africa’s...
by Engaged BT | Jan 17, 2022 | Engaged Business Turnaround
Going cheap: multinationals set their sights on SA A weak rand, compelling valuations and low-interest rates are proving an irresistible mix for cash-flush foreign companies looking to expand into one of Africa’s most lucrative markets. Local companies are...
by Engaged BT | Jan 13, 2022 | Engaged Business Turnaround
The Call should come from inside the house Do the employees, creditors and holders of securities in a company under business rescue qualify as “affected parties” if a judgement is handed down in their absence and is vulnerable to being rescinded? Cliffe Dekker...
