UK caravan park firm Park Resorts to merge with rival Parkdean

LONDON, Sept 1 (Reuters) - British caravan holiday park operator Park Resorts will merge with rival Parkdean Holidays in a deal which will create a combined business worth 960 million pounds ($1.5 billion), Park Resorts' owner Electra Private Equity said.

from Reuters: New Issues News http://ift.tt/1N6peHr

Whirlpool gatecrashes Aga's sale to Middleby

LONDON, Sept 1 (Reuters) - Aga Rangemaster, the British range cooker company that had agreed a sale to Middleby , said it had received a competing approach from U.S. appliance maker Whirlpool.

from Reuters: New Issues News http://ift.tt/1KZsLkF

MIDEAST STOCKS - Factors to watch - Sept 1

DUBAI, Sept 1 (Reuters) - Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy.

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Hillview's bankruptcy negative for small town government -Moody's

NEW YORK, Aug 31 (Reuters) - A bankruptcy filing by tiny Hillview, Kentucky, is more evidence that municipalities increasingly see Chapter 9 as a way to fix their finances, a move that is negative...

from Reuters: Bankruptcy News http://ift.tt/1JtfRv4

Brazil court frees DIP loan for OAS under certain conditions

SAO PAULO, Aug 31 (Reuters) - A Brazilian bankruptcy court freed up the disbursement of a debtor-in-possession loan on Monday to engineering firm OAS SA, which is under bankruptcy protection, under...

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Puerto Rico government delays fiscal reform plan

SAN JUAN, Aug 29 (Reuters) - Puerto Rico will delay until Sept. 8 the completion of its fiscal reform plan, the commonwealth's government said on Saturday, citing time spent on contingency disaster...

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Oil plunge deepens high-yield gloom

NEW YORK, Aug 28 (IFR) - US crude fell to a more than six-year low this week, clouding the picture for a high-yield energy sector that already faces a significant cull when credit lines are...

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Aberdeen raises $500 million in liquid hedge fund

LONDON (Reuters) - Aberdeen Asset Management has raised $500 million in a new fund that provides exposure to a selection of hedge fund managers and offers investors a chance to invest or take out...

from Reuters: Hedge Funds http://ift.tt/1WWq1Oc

Carlyle in talks on $770 mln takeover of UK's Innovation Group

LONDON, Aug 28 (Reuters) - U.S. private equity firm Carlyle is in advanced talks about buying Innovation Group for 40 pence a share in cash, valuing its equity at almost 500 million pounds ($769 million), the British software company said on Friday.

from Reuters: New Issues News http://ift.tt/1JATfI9

BRIEF-Global PVQ says mechanics of further distribution of proceeds determined

* Creditors of Global PVQ SE (formerly: Q-Cells SE) held final meeting in insolvency proceedings on Aug. 27

from Reuters: Bankruptcy News http://ift.tt/1KpApce

UPDATE 1-French payments firm Ingenico submits Worldpay bid - sources

LONDON/PARIS, Aug 28 (Reuters) - French payments company Ingenico has submitted a bid to buy UK firm Worldpay, two sources familiar with the matter said on Friday, as the contest heats up to take control of Europe's leading payments processor.

from Reuters: New Issues News http://ift.tt/1hkvv4D

French payments firm Ingenico submits WorldPay bid - sources

LONDON/PARIS, Aug 28 (Reuters) - French payments company Ingenico has submitted a bid for UK firm WorldPay, two sources familiar with the matter said on Friday.

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No quick ruling in Caesars bondholder case, possible trial looms

NEW YORK, Aug 27 (Reuters) - Caesars Entertainment Corp on Thursday moved a step closer toward a possible trial with bondholders, as a Manhattan federal judge refused to hold the gaming company...

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TRLPC: Peabody's secondary loan pricing steady despite restructuring reports

NEW YORK, August 27 (Reuters) - US coal producer Peabody Energy's US$1.2bn term loan traded unchanged at around 73-74 percent of face value in the US secondary loan market, loan traders said on...

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BRIEF-Chrometco says to talk to International Ferro Metals' business rescue practitioner

* At commencement of international ferro metals' businesses rescue, remain outstanding contractual and financial obligations to co

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'Black swan' hedge fund Qbasis cashes in on market ructions

LONDON (Reuters) - Qbasis, a hedge fund which more than doubled clients' money during the 2008 financial crisis, is cashing in again by exploiting fresh turmoil in global markets.

from Reuters: Hedge Funds http://ift.tt/1Ika6Ot

BRIEF-Hansteen Holdings raises 40 mln stg via placing

* Total of 35,714,286 new ordinary shares of 10 pence each in company ("placing shares") have been placed by Peel Hunt LLP at a price of 112 pence per placing share

from Reuters: New Issues News http://ift.tt/1MWYHMH

BRIEF-Mobiliaria Monesa H1 net loss narrows to 509,000 euros

* H1 net loss 509,000 euros ($574,916) versus loss 612,000 euros year on year

from Reuters: Bankruptcy News http://ift.tt/1Em7LYx

BRIEF-Global PVQ final insolvency dividend of at least 25 pct is to be expected

* Final insolvency dividend of at least 25 percent is to be expected Source text for Eikon: Further company coverage: (Gdynia Newsroom)

from Reuters: Bankruptcy News http://ift.tt/1JxyPQg