Macquarie Infrastructure Company has 45 days to explain to the exchange how it plans to regain compliance with a minimum market capitalisation standard of $75m.
2 min read · 08 February 2013
Italy’s Pirelli group issued a flat denial today that it is contemplating the break up and sale of its real estate funds under management contrary to various press reports.
1 min read · 08 February 2013
Hicks Sports Group, which owns professional sports teams the Dallas Stars and the Texas Rangers, is in default after missing a $10m interest payment on its more than $500m debt load.
2 min read · 08 February 2013
Private equity-backed companies, such as Italian yacht builder Ferretti, accounted for 79% of defaulting companies during 2008, according to Standard & Poor’s. Default rates will continue to accelerate, says the ratings agency.
1 min read · 08 February 2013
The president continued filling out the top echelon of the department by selecting Maryland Department of Transportation head John Porcari as deputy secretary.
2 min read · 08 February 2013
The famous investment banker credited with saving New York City from bankruptcy in the 1970s is now an advocate for greater federal spending on infrastructure, including public school buildings, which he called ‘a disgrace’ during a Sunday television program on CNN.
2 min read · 08 February 2013
The fund will enable China and ASEAN countries to cooperate on investments across infrastructure, energy and resources, information and communications.
1 min read · 08 February 2013
The fund will reportedly enable China and ASEAN countries to cooperate on investments across infrastructure, energy and resources, information and communications.
1 min read · 08 February 2013
Michael Kapoor discusses the new realities of fundraising for the infrastructure asset class.
3 min read · 08 February 2013
The UK Treasury has provided a £120m loan to kick start a £635m waste project that has been stalled for two years
1 min read · 08 February 2013
