Tag: Restructuring
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Superdry chalks out turnaround plan including restructuring, equity raise, and delisting
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LONDON, UK: Superdry Plc has unveiled a comprehensive package of measures aimed at revitalizing its operations and ensuring…
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Patient Square Capital to acquire global business of NanoString Technologies for $220million
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NanoString Technologies, Inc., a pioneer in life science tools for research, has signed anagreement with Patient Square Capital,…
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Casino’s restructuring leads to Rallye’s bankruptcy and loss of control
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PARIS: Casino, a French retail giant, has received the approval of the Paris Commercial Court for its accelerated…
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Hornblower Group to sell or shut down its overnight cruising business
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Hornblower Group, a leading provider of land- and water-based experiences, has announced a major restructuring deal that will…
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Westpac Group reduces corporate size by 20% to reduce costs
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AUCKLAND, NEW ZEALAND: Westpac Group has announced changes to simplify the bank, improve accountability and reduce costs. In 2021, Westpac established…
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Philippine Airlines files restructuring under Chapter 11
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Avation and Philippine Airlines (PAL) have agreed terms for PAL to retain the use of a Boeing 777-300ER…
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City of London Group to raise £18.3mn to fund restructuring
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LONDON, UK: City of London Group (COLG) has announced a capital raise of £11.4 million through a share…
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Norwegian Air Shuttle announces terms of the contemplated NOK 6.0 billion capital raise
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OSLO: As part of the restructuring proposal, the Norwegian Air Shuttle contemplates a capital raise of up to…
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Sur La Table to restructure and complete a going-concern sale via voluntary Chapter 11 process
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SEATTLE: Sur La Table announced that it has filed voluntary petitions under Chapter 11 of the Bankruptcy Code…
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Unit corporation files Chapter 11; enters into restructuring support agreement with creditors
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TULSA: Unit Corporation, a Tulsa-based, publicly held energy company, has filed voluntary petitions under Chapter 11 of the…
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