Oka Winds Down U.S. Business Amid Market Woes [Yahoo! Finance]
The Carlyle Group Inc. (CG)
Last the carlyle group inc. earnings: 4/30 06:40 am
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Source: Yahoo! Finance
Oka and a certain number of its affiliates initiated Chapter 7 bankruptcy proceedings in the Northern District of Texas Tuesday to wind down its business, the company told WWD. The proceeding will see the company liquidate assets to repay creditors, and the company said the business strategy in the U.K. remains unchanged. More from WWD EXCLUSIVE: Telehealth Company Wisp Now Offers At-home Insemination Kits and More Fertility Care Products Inside Molteni&C's Biggest Store Ever Late Designer Gaetano Pesce Honored at Design Miami.Basel “After extensive evaluation, it was determined that filing for Chapter 7 bankruptcy was the most viable option due to the ongoing challenges to establish the business in the U.S. region. This decision was made at this stage to ensure an orderly wind-down of operations and to manage financial obligations responsibly. [Oka's focus is] on continuing to invest in growing its core market in the U.K.,” the company said in an email. Oka is an omnich
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CG
Earnings
- 5/2/24 - Miss
CG
Sec Filings
- 5/31/24 - Form 8-K
- 5/23/24 - Form 4
- 5/23/24 - Form 4
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