Discover Thomson ReutersBy Greg Roumeliotis3 Min Read(Reuters) – TOMS Shoes LLC’s creditors have agreed to take over the maker of casual footwear in exchange for restructuring its debt, according to a company letter sent to employees on Friday and people familiar with the matter.Credit ratings agencies had warned that TOMS,...
Discover Thomson ReutersBy Terje Solsvik3 Min ReadOSLO (Reuters) – Norwegian Air NWC.OL shares plummeted again on Tuesday, and are now trading down around 97% from their 2015 peak, with the airline’s survival depending on creditors accepting a rescue plan proposed last week. The shares slumped as much as 62.5% as...