SoLocal Group financial restructuring plan has been approved by its creditors – Business Wire (press release)

Restructuring

BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: SoLocal Group (Paris:LOCAL) announces that more than two-thirds of the creditors have approved today its financial restructuring plan. The plan will now be submitted on 19 October 2016 at the Combined General Shareholders Meeting, who will have to take a decision with a majority of two-thirds. The vote of shareholders will be…

EnerNOC to Restructure its Energy Intelligence Software Business – ACHR NEWS

Restructuring

BOSTON EnerNOC Inc., a provider of energy intelligence software (EIS) and demand response solutions, announced that it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. EnerNOC said this move, from broad market creation to a more targeted EIS go-to-market strategy, will materially reduce its operating expenses,…

ASC to be split in three but not privatised – The Australian Financial Review

Restructuring

“It is important to note that the Government does not have a plan to privatise these three new companies.” Alex Ellinghausen The Turnbull government insists it has no plans to privatise the taxpayer-owned shipbuilding firm ASC but has announced a restructuring of the company’s shipbuilding, infrastructure and submarine operations which would pave the way for a…

Metal Tiger plc UK Regulatory Announcement: Strategic Update and Board Restructuring – Business Wire (press release)

Restructuring

LONDON–(BUSINESS WIRE)– Metal Tiger Plc 10 October 2016 Metal Tiger Plc (“Metal Tiger” or the “Company”) Strategic Update and Board Restructuring Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce an update with regard to the Companys strategic plans and an associated board restructuring.…

FCA receives report into claims of malpractice at RBS Global … – Belfast Telegraph

Restructuring

Published 05/10/2016 Share FCA receives report into claims of malpractice at RBS Global Restructuring Group BelfastTelegraph.co.uk The Financial Conduct Authority (FCA) said it has received a report investigating allegations of malpractice at Royal Bank of Scotland’s (RBS) Global Restructuring Group (GRG). http://www.belfasttelegraph.co.uk/business/news/fca-receives-report-into-claims-of-malpractice-at-rbs-global-restructuring-group-35106491.html http://www.belfasttelegraph.co.uk/business/news/article35106490.ece/79598/AUTOCROP/h342/PANews%20BT_P-908dfe73-63ed-4679-8d61-7a523a500df0_I1.jpg RBS has denied claims its GRG unit had forced small firms to…

Will Restructuring Drive General Electric Company (GE) Stock? – Amigobulls

Restructuring

General Electric is on acquisition spree with a focus on industrial business. Focus on industrial business make business-sense considering their competitive strength in the field. The market remains concerned over the end result of the ongoing Group restructuring. General Electric’s (NYSE:GE) history can be traced back to when Thomas Edison consolidated his businesses to form Edison General Electric…