DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Simon Dawson - 1 Richard Branson's - 1 Tom McAlpin - 1 Nirmal Saverimuttu - 1 Manya Saini - 1 Arun Koyyur - 1
Top related locs:
Dover Port Dover Britain British Australia New Zealand Bengaluru
Top related orgs:
REUTERS - 1 Richard Branson's Virgin Group - 1 Ares Management - 1 Virgin Group - 1 Bain Capital - 1 Virgin Voyages - 1 Caribbean - 1 Thomson - 1

Search resuls for: "Dover Port"


3 mentions found


☆ Virgin Voyages raises $550 mln in Ares Management-led fundraise
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
The Virgin Voyages Scarlet Lady cruise liner sits docked at Dover Port in Dover, Britain, February 21, 2020. REUTERS/Simon Dawson Acquire Licensing RightsSept 8 (Reuters) - Virgin Voyages, the cruise brand from Richard Branson's Virgin Group, said on Friday it has raised $550 million in fresh capital to expand into new international markets. The funding was led by Ares Management (ARES.N) with participation from existing investors, including British conglomerate Virgin Group and venture capital firm Bain Capital. Launched at the end of 2021, Virgin Voyages operates three ships servicing the Caribbean and the Mediterranean. It plans to operate in Australia and New Zealand by the end of the year.
Persons: Simon Dawson, Richard Branson's, Tom McAlpin, Nirmal Saverimuttu, Manya Saini, Arun Koyyur Organizations: REUTERS, Richard Branson's Virgin Group, Ares Management, Virgin Group, Bain Capital, Virgin Voyages, Caribbean, Thomson Locations: Dover Port, Dover, Britain, British, Australia, New Zealand, Bengaluru
☆ Branson's Virgin Orbit files Chapter 11 bankruptcy plan
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Richard Branson, founder of Virgin Group, poses for a photograph on board of his new cruise liner, the Scarlet Lady at Dover Port in Dover, Britain, February 21, 2020. REUTERS/Simon DawsonApril 19 (Reuters) - Richard Branson's Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware, the company said in a statement on Wednesday. Earlier this month, Virgin Orbit filed for Chapter 11 bankruptcy protection after the satellite launch company struggled to secure long-term funding following a failed launch in January. "We expect the filing of the plan and disclosure statement will help us to efficiently conclude the Chapter 11 process once we have completed the sale of the company," Dan Hart, chief executive of Virgin Orbit said in the statement. The company is seeking the sale of its assets, after laying off roughly 85% of its 750 employees.
☆ Branson's Virgin Orbit files for bankruptcy, to seek buyer
  + stars: | 2023-04-04 | by ( Joey Roulette | ) www.reuters.com   time to read: +4 min
Virgin Orbit went public in 2021 through a blank-check deal, raising $255 million less than expected. Spun off from Branson's space tourism firm Virgin Galactic in 2017, Virgin Orbit air-launches rockets from beneath a modified Boeing (BA.N) 747 plane to send satellites into orbit. Virgin Orbit's strategy has been that launching small rockets from a 747 in flight would allow for short-notice launches from anywhere. Virgin Investments, a unit of Virgin Group, will provide $31.6 million in new money to Virgin Orbit through debtor-in-possession financing to fund operations while it looks for a buyer in bankruptcy, the companies said. Virgin Orbit's bankruptcy filing showed its largest creditor as London-based Arqit Ltd, which was owed almost $10 million for services and as a customer deposit.
0 next >>
Total: 3