Sunny outcome in solar bankruptcy [Financial Times (FT.com) (UK)]
TERRAFORM POWER (TERP)
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Source: Financial Times
Laura Noonan December 12, 2017 Experimental feature Listen to this article 00:00 00:00 Experimental feature Report a mispronounced word What was mispronounced? Optional: help us by adding the time Thank you for your help! or Give us your feedback Thank you for your feedback. What do you think? Please tell us why (optional) A more complex case than Brookfield Asset Management ’s $5.1bn deal to take over two listed companies from bankrupt SunEdison is hard to imagine. The world’s biggest renewable company had spectacularly run aground in 2016. Bankruptcy-inspired sales are always fraught, as lawyers juggle the requirements of management, creditors and bankruptcy judges, while trying to reassure would-be buyers there are no contingent obligations to hurt them later. As well the enormous sums involved, which narrowed
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