PPB Advisory spent two years working closely with ASX listed Elders Limited to help successfully restructure, refinance and recapitalise the 175 year old company, staving off insolvency and repositioning itself in the Australian market with next to zero debt.
When a shopping centre operator breached a loan covenant, PPB Advisory acted as receiver and manager to help the lender settle a dispute with an anchor tenant and sell two centres as going concerns.
PPB Advisory applied in-depth knowledge of valuation methodology and the mining industry to help an ASX-listed resources company realise the true value of a target company’s shares following a hostile takeover.
PPB Advisory combined extensive knowledge of mining operation costs with advanced data analysis to help a major resources company convince an arbitration panel its long-term contractor’s new pricing estimates were too high.
PPB Advisory’s report into the value of a disputed coal joint venture forestalled a costly court case and helped negotiate a confidential settlement for our client, which we understand was a fraction of the $1 billion claimed against it and cleared the way for a new joint venture.
Australia’s largest producer of organic chicken, Inglewood Farms, was operating at a loss when its parent company was placed into administration. PPB Advisory overhauled the business and sold it as a going concern within 21 weeks of appointment as receivers on behalf of the secured creditor.
PPB Advisory gave Orange City Council a blueprint for sustaining the local economy following the announcement that one of the major employers in the region – household goods manufacturer Electrolux – would close its regional production site.
PPB Advisory’s speed and stakeholder management expertise were instrumental in the restructure of an 80-year-old jewellery company, preserving 220 jobs, keeping open 18 stores and returning an average of 75 cents in the dollar to trade creditors.