Stake sales, leaner structure could brew up some cheer for Tata Global Beverages stock – Moneycontrol.com

Anubhav Sahu Moneycontrol Research Tata Global Beverages Ltd (TGBL), a relative laggard in the FMCG sector, is likely to catch the attention of serious investors thanks to its various restructuring initiatives. This stock could benefit from Tata Sons initiative of unwinding cross-holdings in group companies, which would help TGBL raise funds. There is also a…

Caesars Entertainment Restructuring Approved in New Jersey, Scheme Eliminates $16 Billion in Debt – Casino.Org News

Caesars Entertainment has received approval from the New Jersey Casino Control Commission (CCC) to restructure its business operations in Atlantic City. New Jerseys Casino Control Commission is allowing Caesars Entertainment to create a new operating division that will manage two of its three resorts in Atlantic City. (Image: Viviana Pernot/Press of Atlantic City) The corporate…

Battling WA bakery hopes to rise again with rescue bid – The West Australian

Third-generation family baker Mias has been put into administration, casting a cloud over about 150 jobs. Administrators from WA Insolvency Solutions were put into Canning Vale-based Mias Bakery and its associated milling business, West Coast Milling in Welshpool, on Tuesday by the companies sole director, Conrad Mias. Both businesses are continuing to trade with the…

Icon Water cut a quarter of staff after ‘saving’ ActewAGL jobs – The Canberra Times

Icon Water has been criticised for re-signing a $27 million per year shared services deal with ActewAGL before slashing a quarter of its staff, an arrangement that allegedly raised eyebrows among rank-and-file staff. The union that covers Icon Water’s engineering and technical staff, Professional Services Australia, said Icon renewed two contracts with ActewAGL for IT…

BRIEF-Transtec says success of restructuring of company doubtful – Reuters

TRANSTEC AG: * SUCCESS OF RESTRUCTURING OF COMPANY AS WHOLE IS DOUBTFUL, REORGANIZATION OR SALE OF INDIVIDUAL BUSINESS UNITS BACK IN FOCUS * MANAGEMENT BOARD DECIDED TO CONCENTRATE PRIMARILY ON THE REORGANIZATION OR SALE OF INDIVIDUAL BUSINESS AREAS Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In IT Services &…