News: Albemarle Corp (ALB.N)

ALB.N on New York Stock Exchange

17 Apr 2014
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Tue, Apr 15 2014

UK pawnbroker Albemarle & Bond rescue saves 628 jobs

LONDON, April 15 - British pawnbroker Albemarle & Bond will be bought out of administration by investment fund Promethean Investments in a deal which will save the majority of its stores and 628 jobs, administrators said on Tuesday.

Pawnbroker H&T in talks to acquire some Albemarle assets

LONDON, April 7 - Britain's largest pawnbroker H&T said on Monday it had submitted a proposal to acquire some of Albemarle & Bond's assets, after the smaller rival entered administration.

Pawnbroker Albemarle & Bond to appoint administrators

LONDON, March 25 - British pawnbroker Albemarle & Bond said it would appoint administrators on Tuesday after its lenders declined to support any rescue plans for the loss-making business.

Albemarle & Bond says market expectations too high

LONDON, Nov 27 - British pawnbroker Albemarle & Bond warned on Wednesday it expected to make a loss at the earnings level in the first five months of the year, and that market forecasts needed to come down to reflect this.

Albemarle & Bond says covenant tests deferred until February

LONDON, Oct 30 - Pawnbroker Albemarle & Bond said its lenders have agreed to push back a test of its banking covenants by three months as its new Chief Executive seeks to turn around the struggling business.


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