Business News 3.12.2010
In this week’s Business News: Home Credit goes it alone in China, citizens offered stake in slimmed down state debt, Škoda Auto unions calls for Portuguese pay parity, NWR takeover bid hits wall, and government to end major legal loophole
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Fight for Premier’s Quorn range down to two rival bidders
THE UK’s biggest food producer, Premier Foods, confirmed it is close to selling its meat-free food range Quorn and has narrowed down the auction to two bidders. (03/12/2010 19:05:04)
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Gov’t sets P60-B T-bonds swap
MANILA, PhilippinesThe government said it would swap at least P60 billion worth of new, longer-dated treasury bonds with existing debt paper held by investors in a bid to extend the maturity of its obligations. In the Debt Consolidation Program launched Wednesday, the Bureau of the Treasury invited existing bondholders, including pension funds, government financial institutions, state-owned …
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