Over the years, VF Corp. has successfully acquired a number of companies that were underperforming either because of a shortageoffunds or stoic management.
Low interest rates, a mass cancellation of policies (which eats into cashflow) and a sinking stockmarket (which eats into unrealised gains on their equity portfolios), already mean that they are suffering a severe shortageof available funds.
An emergency team of health ministry workers was scheduled to leave for the region on Wednesday to investigate the outbreak and try to contain it, following delays caused by a shortageof petrol and funds for the trip.
Though the market has stabilized, there still is a significant shortageof wrap contracts, causing higher fees and other headaches for stable-value funds and their investors.