Hynix Plans to Repay More Than 1 Trillion Won in Debt (Update1) (BusinessWeek)
January 19, 2010 by
Filed under Debt Consolidation, Debt Counseling
Hynix Semiconductor Inc., the world’s second-largest maker of computer-memory chips, plans to repay more than 1 trillion won ($888 million) in debt this year as a shortage in the industry may help the company post its biggest profit in four years.
Consolidation in Romania As Cosmote Buys Zapp (Cellular-News.com)
June 30, 2009 by
Filed under Debt Consolidation
Greece’s Cosmote Group confirmed earlier rumours and has signed a deal to buy Romania’s Telemobil (Zapp) for a total consideration of around EUR205 million.
Exec: Memory biz needs more consolidation (EE Times Asia)
June 29, 2009 by
Filed under Debt Counseling, Debt Settlement
The memory industry’s business model sector is broken, prompting the need for more rational behavior and consolidation in the industry, according to an executive at the Memcon technology event.
Emaar’s Merged Entity to Have $3.65 Billion in Debt (Update1) (Bloomberg)
June 28, 2009 by
Filed under Debt Consolidation, Debt Counseling
June 28 (Bloomberg) — Emaar Properties PJSC , the Middle East’s largest real-estate developer, said the entity created by its merger with three state-controlled competitors will have 13.4 billion dirhams ($3.65 billion) in debt obligations. Emaar shares dropped the most since November.
