BDO | Global news | Restructuring

An overview of BDO global news:

United Kingdom

BDO selected for mountain bikes administration Two mountain bike manufacturers in West Yorkshire have gone into administration.
23 January 2024
United Kingdom

BDO may bail out Spanish sister firm after hefty audit fine The global network of audit and advisory firm BDO – including its UK office – may be forced to bail out its Spanish wing, after it was stung with a massive penalty for its alleged role in an accounting scandal.
13 October 2020
United Kingdom

BDO takes on administration of Norton Motorcycles A historic motorcycle company has called in administrators, after the Birmingham-based company was taken to court for a disputed £300,000 tax bill.
10 February 2020
India

BDO appointed to seek expressions of interest for Adlabs A new report from Livemint has revealed that accounting and advisory firm BDO is set to help invite expressions of interest (EOIs) for Adlabs Entertainmnet.
22 August 2019
United Kingdom

BDO takes on administration of offshore wind fabricator Administrators have been officially appointed to troubled UK offshore wind fabricator Harland and Wolff following a court hearing.
15 August 2019
United Kingdom

Homebase purchases Bathstore out of administration Homebase has successfully secured a deal to acquire Bathstore, rescuing the brand from administration. The sale was overseen by administrators from professional services firm BDO.
26 July 2019
United Kingdom

BDO administrators look to sell Bathstore as going concern Loss-making bathroom specialist Bathstore has appointed administrators, after a gruelling restructuring effort failed to deliver the firm back into profit.
09 July 2019
United Kingdom

BDO administrates Flybmi amid aviation industry turbulence Around 400 jobs UK, Germany, Sweden and Belgium have been lost, following the collapse of commercial airliner Flybmi.
21 February 2019
United Kingdom

Deloitte poised to administrate ailing Poundworld Big Four professional services firm Deloitte is understood to be on the verge of an appointment as Poundworld administrator.
08 June 2018
India

Creditors in India hire consultants for bankruptcy proceedings Creditors in India, including the country’s biggest lender State Bank of India (SBI) have hired top consultancy firms such as PwC, KPMG, EY, Deloitte and others at highly generous terms to assist wit
13 July 2017
United Kingdom

Accelerated M&A strategy can navigate start-ups through period of stress Accelerated M&A can serve as a solution to the value paradox inherent in knowledge intensive start-ups, writes BDO partner Stuart Deacon.
07 July 2016

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