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The teams from Australia, China, France, Britain, Japan and the United States have been assembled by former America’s Cup winner Russell Coutts for SailGP, an annual competition kick-started by Coutts and sailing fanatic Ellison. “We have always appreciated endeavors and sporting disciplines that combine the highest levels of technology with the most talented individuals. SailGP meets such a vision, while the art of foiling perfectly illustrates the sport’s constant desire to innovate and improve efficiency,” Arnaud Boetsch, Rolex communication and image director, said in a statement antique pearl cufflinks.
SailGP also said that its races, scheduled for Sydney, San Francisco, New York, Cowes in Britain and a September finale in Marseille, France, would be broadcast across linear and digital channels that ensure coverage in 90 countries antique pearl cufflinks. Fox Sports in Australia, Canal+ (VIV.PA) in France, BT Sport (BT.L) in Britain, DAZN in Japan and SKY Sport in New Zealand have each secured exclusive deals for live coverage. SailGP said it expects to announce a broadcast partner this week in the United States, where races will be streamed live on Facebook (FB.O), alongside full access on SailGP’s own app, which will feature footage from onboard each catamaran..
ZURICH (Reuters) – Airopack’s (AIRN.S) recapitalization plan collapsed as lenders including Apollo Global Management (APO.N) demanded repayment following the discovery of “inadequate sales and accounting practices”, the Swiss aerosol packaging maker said on Monday antique pearl cufflinks. Shares in the company, which makes plastic aerosol dispensers for Procter & Gamble’s (PG.N) Gillette shaving cream, fell as much as 60 percent and have lost almost all their value since hitting 13.5 Swiss francs ($13.46) three years ago..
Airopack, whose net loss topped 40 million euros ($45.3 million) in 2017, has been seeking to slash debt via a recapitalization plan announced on Nov. 30. Its largest lender, U.S.-based private equity firm Apollo (APO.N), was to have received a controlling share in the deal antique pearl cufflinks. But developments since then, including the discovery of what Airopack described as “excessively overstated” sales forecasts by former managers, now make the recapitalization plan “completely unachievable”..
Airopack’s lenders, including Apollo and a major bank, on Saturday demanded repayment of loans in excess of $100 million. Airopack said it would seek a short period of debt relief with Swiss courts in order to gain breathing room, negotiate with lenders and seek to avoid bankruptcy proceedings. An Airopack spokeswoman said a court in Zug, near the company’s headquarters in Baar, would consider the request. There was no projected deadline for a decision. The company said its major lenders did agree to extend a 15 million euro loan, with a possibility of 10 million more, to keep operating units afloat in the short- and mid-term antique pearl cufflinks.