Markets Live: Stocks in sharp early fall

Markets Live: Stocks in sharp early fall

Shanghai : China | Oct 09, 2012 at 5:15 PM PDT
Source: The Age
Views: Pending
Private equity group and owner of Nine, CVC Asia Pacific, has decided to take Adrian MacKenzie off the board of Nine. It follows a decision last month that MacKenzie would retire from the post of CVC's CEO at the end of the year. It is understood that the hedge funds who are owed $2.3 billion in debt have been... FULL ARTICLE AT The Age
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  • Nine deal scramble - MacKenzie exits board

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    To remove any stench of independence, CVC has agreed that Mr MacKenzie will step down immediately to allow discussions to continue. Few companies have been given as much air time about whether they will be doomed to receivership or saved by the bell...

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