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Oi bondholders reject revised restructuring plan

2017-10-16 08:03:00| Telecompaper Headlines

(Telecompaper) The major creditors of Brazilian operator Oi have reject the revised debt restructuring plan proposed by the company. According to the steering committees of the ad hoc group of Oi bondholders and the International Bondholder Committee, Oi's management and board have put forward a restructuring proposal that "appears to be driven by the objective of protecting and enhancing the interests of existing shareholders, to the detriment of the best interests of the company and other stakeholders". The plan, in the best case scenario, would result in a company that is not viable or sustainable, they said.

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Ryanair pilots reject bonus to work through cancellation crisis

2017-09-21 00:49:44| BBC News | Business | UK Edition

Pilots had been offered cash to work extra days after the airline was forced to cancel thousands of flights.

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Clariant, Huntsman reject call to cancel their merger

2017-09-20 20:10:02| Canadian Plastics Headlines

Swiss chemical maker Clariant AG and U.S.-based Huntsman Corporation have reconfirmed their intention to merge in replying to an open letter from Clariants largest stakeholder criticizing the $20 billion deal. The post Clariant, Huntsman reject call to cancel their merger appeared first on Canadian Plastics.

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Iowa Regulators Reject New Rules for Hog Confinements

2017-09-20 02:00:00| ThePigSite - Industry News

US - Over loud protests, state regulators voted unanimously Monday to reject proposed changes to rules governing large-scale livestock feeding operations in rural areas that advocates say are needed to protect Iowa's land, water and air but ag producers argue would hurt their industry.

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