Drake & Scull appoints new restructuring advisors | ZAWYA MENA Edition:
Dubai-based Drake & Scull International (DSI) has brought in new advisors to lead a fresh restructuring exercise, as the contractor announced a third quarter loss of nearly half a billion dirhams.
The company said in a press release that Trussbridge Advisors (DIFC) has been appointed as financial advisors for the company's latest restructuring round, with Deloitte being brought in to advise on a new business plan.
Law firms Allen & Overy and Al Tamimi and Co have also been appointed to handle legal and regulatory aspects of its proposed restructuring respectively.
No comments:
Post a Comment