Shareholders in stricken gold miner Petropavlovsk have overwhelmingly voted in favour of the company’s controversial refinancing plans. Kam Patel reports.
Articles written by Kam Patel
The largest shareholder in troubled miner Petropavlovsk has accused bondholders in the company of “frightening” shareholders into accepting a controversial refinancing deal. Kam Patel reports.
One of the key shareholders in troubled miner Petropavlovsk says it will vote in favour of the company’s refinancing plans – but only if its own proposals are accepted too.
Sapinda, the fund which owns 7.8% of miner Petropavlovsk, says small shareholders should ignore chairman Peter Hambro’s rescue plan. Kam Patel reports.
With the FTSE 100 at 15-year highs, investors might be tempted to sell up and take profits. But that, as Kam Patel explains, would be a mistake.
Investment fund Sapinda has strongly denied that its proposal to Petropavlovsk is a Trojan horse to take over the stricken miner. Kam Patel reports.
Troubled gold miner Petropavlovsk has dismissed a bid from private investment vehicle Sapinda to counter its refinancing plans. Kam Patel looks at what’s going on.
Troubled gold miner Petropavlovsk will cease to exist and shareholders’ entire investment will be wiped out unless they vote for a £155m rights issue next Thursday, warns chairman Peter Hambro.
Alexis Tsipras is leading in the polls, but he’s made some big promises to voters. Kam Patel explains what you need to know ahead of the Greek election.
After a strong QE-fuelled rally yesterday US stocks are looking to make a more sedate start today, says Kam Patel.