SHARJAH / WAM After nine months of continuous work, the Sharjah Consultative Council (SCC) concluded ...
Read More »JC Penney says no advisers hired for bankruptcy filing
Bloomberg JC Penney Co, the struggling department-store chain, said it’s taking measures to improve its financial health but assured investors that it hasn’t hired advisers to prepare for a restructuring in bankruptcy court. “We have no significant debt maturities coming due in the near term, and we continue to maintain a strong liquidity position,†the company said in a statement. ...
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