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business rescue qualify as “affected parties” if a judgement is handed down in their absence and is vulnerable to being rescinded?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...
by Engaged BT | Dec 7, 2021 | Engaged Business Turnaround
Parties may seek rectification of agreements after liquidation, but beware Whereas so-called ‘gentlemen’s agreement’ by a handshake and the ‘my word is my bond’ agreements are generally difficult to prove, written agreements tend to give parties comfort that...
by Engaged BT | Dec 6, 2021 | Engaged Business Turnaround
Anyone for a piece of Mango? Low-cost carrier Mango, whose revised business rescue plan got the green light from creditors on 2 Dec, wasted no time in publishing a call for expressions of interest (EOI) on its website the same day. But will the price tag, in...
by Engaged BT | Dec 2, 2021 | Engaged Business Turnaround
Managing through crunch time – without burning out your team Business turnarounds or business rescues can often be very taxing on teams. If you’re a leader navigating a restructuring or even just trying to steer your business through Q4, read...
by Engaged BT | Dec 1, 2021 | Engaged Business Turnaround
Eskom needs an emphatic dose of Business Rescue OPINION: It should be clear by now that the Eskom executive committee team cannot drive the turnaround, through no fault of its own. Given Eskom’s inability to perform its most basic functions, the time has come...
