#corporate restructuring
articles
Companies
Italian Sea Group Opens Formal Auction to Avert Collapse, Rivals Sanlorenzo and Ferretti Show Interest
The Italian Sea Group, builder of Admiral and Perini Navi yachts, has kicked off a formal auction to find rescue investo...
Companies
Compass Coffee Seeks to Dismiss Bankruptcy After Asset Sale Leaves It Out of Cash
Following a $4.8M sale to Caffè Nero, Compass Coffee says it cannot fund a Chapter 11 plan and is asking a federal court...
Companies
Thermax Plunges 16% as Q1 Profit Collapses on Project Cost Overrun
Thermax shares tumbled over 16% after an 85% plunge in June quarter profit, driven by a ₹91 crore cost overrun on a sing...
Companies
Vedanta Spins Off Real Estate Into Vedanta Property Platforms; 20:1 Share Ratio, ₹30,000 Crore Opportunity
Vedanta will demerge its surplus land and property assets into a new pure-play real estate company. Shareholders receive...
Companies
Enpal Shutters Hamburg Sales Hub as Solar Startup Refocuses on Core Regions
Berlin-based energy startup Enpal is closing its Hamburg office with 85 employees and consolidating sales in Munich, Ess...