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Posted inEuronext

Casino’s restructuring leads to Rallye’s bankruptcy and loss of control

PARIS: Casino, a French retail giant, has received the approval of the Paris Commercial Court for its accelerated financial restructuring plan, which will massively dilute the stakes of its existing…
Posted by NNR February 27, 2024
Posted inWire

Hornblower Group to sell or shut down its overnight cruising business

Hornblower Group, a leading provider of land- and water-based experiences, has announced a major restructuring deal that will see it sell or shut down its overnight cruising business, American Queen…
Posted by Chenos Kahn February 21, 2024
Posted inLondon Exchange

Barclays announces new operating structure and leadership changes

LONDON: Barclays Plc, one of the leading global financial services providers, has today announced a new operating structure that will align its business segments with its strategic priorities and customer…
Posted by Ali Mirza February 20, 2024
Posted inAustralian Exchange

Westpac Group reduces corporate size by 20% to reduce costs

AUCKLAND, NEW ZEALAND: Westpac Group has announced changes to simplify the bank, improve accountability and reduce costs.  In 2021, Westpac established a 3-year plan to reduce its cost base to $8 billion by…
Posted by NNR February 3, 2022
Posted inLondon Exchange

Philippine Airlines files restructuring under Chapter 11

Avation and Philippine Airlines (PAL) have agreed terms for PAL to retain the use of a Boeing 777-300ER aircraft on lease from Avation. Philippine Airlines have advised that sufficient creditors,…
Posted by NNR September 6, 2021
Posted inLondon Exchange

City of London Group to raise £18.3mn to fund restructuring

LONDON, UK: City of London Group (COLG) has announced a capital raise of £11.4 million through a share subscription and a raise of up to £6.9 million through an open…
Posted by NNR August 23, 2021
Posted inEuronext Oslo Bourse

Norwegian Air Shuttle announces terms of the contemplated NOK 6.0 billion capital raise

OSLO: As part of the restructuring proposal, the Norwegian Air Shuttle contemplates a capital raise of up to NOK 6.0 billion. The capital raise comprises of an offering of new…
Posted by NNR May 3, 2021
Posted inWire

Sur La Table to restructure and complete a going-concern sale via voluntary Chapter 11 process

With 121 stores across the US and many local cooking schools, Sur La Table is a resource for cooks of all levels. SEATTLE: Sur La Table announced that it has…
Posted by NNR July 9, 2020
Posted inWire

Unit corporation files Chapter 11; enters into restructuring support agreement with creditors

TULSA: Unit Corporation, a Tulsa-based, publicly held energy company, has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code to effectuate a pre-negotiated Chapter 11 plan of…
Posted by NNR May 24, 2020

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  • About NewsnReleases

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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