Ebusco: Cascading order cancellations
Ebusco today announced that it has initiated legal proceedings against one customer after the cancellation of orders representing 59 buses (o/w 45 12m buses). Ebusco is seeking delivery of - and payment for - the 45 12m buses already produced (>EUR20m in our estimates). This follows cancellation
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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