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Tag: restructuring
Renault cuts 15,000 jobs in major restructuring
2020-05-29 08:59:53| BBC News | Business | UK Edition
The French carmaker announces a 2bn cost-cutting plan after seeing a collapse in sales.
Digicel files for bankruptcy under debt restructuring plan
2020-05-20 09:13:00| Telecompaper Headlines
(Telecompaper) Caribbean-focused operator Digicel has filed for bankruptcy court reorganisation as part of its plan to reduce debt, cut financing costs and extend debt maturities, reports ABC News, citing company spokesman Pat Walsh. "It is business as usual," said Walsh, adding that the Chapter 15 filing in New York would not affect operations in the 32 markets that the company serves from its headquarters in Jamaica. A hearing in the Chapter 15 bankruptcy case is scheduled for June, added the report.
Tags: plan
files
debt
bankruptcy
J.C. Penney Faces Possible Snag to a Smooth Restructuring
2020-05-18 13:46:00| National Real Estate Investor
In J.C. Penneys restructuring plan, the company would put some of its property into a REIT.
Tags: smooth
faces
restructuring
penney
Clarks hires advisors for potential restructuring?
2020-05-07 18:15:00| Daily apparel & textile news and comment - from just-style.com
UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look at a potential restructuring of the business.
Tags: potential
advisors
restructuring
hires
Analysts: Offshore Drillers Face Possible Restructuring Due to Coronavirus-Oil Crisis
2020-04-14 18:00:00| OGI
Offshore drillers could lose a total of about $3 billion in revenue during the next two years due to canceled contracts, Rystad Energy says.
Tags: due
face
crisis
offshore
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