European laws put brake on asset growth
Article Abstract:
Asset-based financing is now being seen more positively in the UK, and is recognized as not necessarily being a defensive strategy. It is estimated that asset-based financing has reached around 20% penetration of the situations and industry sectors where it is applicable. Some observers feel that long-term penetration rates could reach 60%. It is believed possible that asset-based financing could have extremely valuable applications, but this has not yet happened. The main disadvantage is that asset-based financing is based on asset values. If asset values fall, then the financing falls with them.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
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Off to a flying start
Article Abstract:
Oxford Aviation Chief Executive Michael Daw is planning to expand the company's pilot training facilities to continental Europe by 2002. He has opened new schools in the US during 1998. Daw is hoping a further 4 million pounds sterling will be invested in the company in 1999. The company has several areas of business including the training of professional pilots, the maintenance and renovation of aircraft and sale of simulators and aircraft. Daw joined with Close Investment to purchase Oxford Aviation, also known as CSE Engineering and CSE Aviation, in 1997, for 20 million pounds sterling.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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