Friday 26 March 2010

Factbox: Dubai World restructuring plan



Dubai unveiled a long-awaited plan on Thursday to restructure state-owned conglomerate Dubai World's DBWLD.UL $26 billion debt.

DEALS

The deal, which includes $9.5 billion aid from Dubai, now faces a jury of creditors.

Initial response from the market has been positive.

No comments:

Post a Comment