Poland’s Azoty Seeks 83% Debt Writedown in Polymer Restructuring
Grupa Azoty SA seeks to settle just about 17% of debt taken to build the biggest propylene and polypropylene complex…
Tag: writedown
Shiseido Expects Profit Rebound After Drunk Elephant Writedown
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in…
Saudi Arabia PIF fund sees $8 billion writedown in megaprojects
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s mammoth sovereign wealth fund saw…
Berkshire Hathaway’s shares fall after $3.8 billion write-down, operating profit weakness
By Pritam Biswas (Reuters) -Class A shares of Warren Buffett’s Berkshire Hathaway fell more than 3% in afternoon trading on…
Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake…