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References in periodicals archive ?
Mercer International announced that it has entered into an agreement with Marubeni Corporation, Nippon Paper Industries Co., Ltd., and Daishowa North America Corporation to acquire all of the issued and outstanding shares of DMI for consideration of $359.2 million, which includes minimum working capital of $85.7 million.
Closing of the Arrangement and the transactions contemplated by the SPA is subject to a number of conditions precedent, including the completion of a minimum CDN 25m equity financing by PetroTal, TSX Venture approval of, inter alia, the reverse take-over of Sterling and the listing of the Resulting Issuer's shares on the TSXV, certain minimum working capital levels of PetroTal and Sterling and other regulatory and customary conditions.
At the time of closing the Transaction, DML Africa was capitalized with a minimum working capital of US$700,000, which is equivalent to the forecasted annual budget for the operations of DML Africa.
They said that the scheme was also for individuals, associations of peoples and companies having minimum working capital upto Rs 50 million and it would be applicable from 2015 to 2018.
To be reinstated, the dealers will have to meet certain business criteria, including minimum working capital requirements, sales and profitability within 60 days of receiving reinstatement letters next week, GM said.
The amount of working capital you need will vary during the course of the year, and even during the course of a month, but you should allow for the maximum amount that you're likely to require, as a rule of thumb it makes sense to aim for minimum working capital of a month's average sales, multiplied by the number of months it takes to collect payment.
About pounds 20,000 - the minimum working capital required, to be honest - I had a shocking November
Dell and others have introduced a business model geared to minimum working capital, tight cost controls, low profits per transaction, high sales turnover and fewer owned assets.
At the time of closing the Transaction, Denison will ensure that DML Africa is capitalized with a minimum working capital of US$700,000, which is equivalent to the forecasted annual budget for the assets of DML Africa.
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