Australian Construction Giant CIMIC Writes Off Disastrous Arabian Adventure, After Being Bludgeoned over Opaque Debts by Nick Corbishley • Jan 24, 2020 • 27 Comments Shares plunged 20% on the spot, and are down 44% in nine months.
More ECB Bond Holdings Get in Trouble: Infrastructure Giant Atlantia, Infamous for Collapsed Genoa Bridge, Could Lose its Core Business by Nick Corbishley • Jan 4, 2020 • 67 Comments Amid a slew of problems.
Use of “Hidden Debt Loophole” Spreads Among Australian Corporations by Nick Corbishley • Sep 22, 2019 • 66 Comments Situation already so bad that hiding debt becomes a priority?
One of World’s Construction Giants Admits Using Risky Hidden-Debt Loophole “Across Group.” Australian Subsidiary Crushed by Nick Corbishley • Aug 9, 2019 • 43 Comments This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed.
Toll-Road Giant Abertis Just Doubled its Debt to €22 Bn to Pay a Special Dividend to the Companies that Acquired it Last Year by Don Quijones • Mar 12, 2019 • 23 Comments The acquisition created world’s biggest toll-road operator. But it was costly.
The Inconvenient Limits to European Unity & Integration by Don Quijones • Dec 16, 2017 • 31 Comments “With Friends Like These…”
One of World’s Biggest Construction Companies to Hit the Wall? by Don Quijones • Jan 24, 2016 • 6 Comments The shorts are circling.
