Inseego Announces Termination of Transaction with TCL, Leadership Changes, and Company-Wide Restructuring – Business Wire (press release)

Restructuring

SAN DIEGO–(BUSINESS WIRE)–Inseego Corp. (Nasdaq: INSG) (the Company), a leading provider of MiFi®­branded intelligent wireless solutions for the worldwide mobile communications market and SaaS solutions for the Internet of Things (IoT), today announced key additions to the management team and changes to its Board of Directors as the Company embarks on an overhauled corporate strategy…

Japan Display considers deeper restructuring, seeks more funding -Nikkei (AAPL, 6501, 6758, 6502) – Markets Insider

Restructuring

TOKYO, June 7 (Reuters) – Japan Display Inc is considering deeper restructuring than first planned and has asked a state-backed fund for help after losing business with Apple Inc due to its late entry into OLED technology, the Nikkei business daily reported. Shares in the company climbed 12 percent in morning trade. In addition to…

WYG hit by contract delays and £4m restructuring costs – Construction Enquirer

Restructuring

Group pre-tax profit slipped from 2.2m to £1.6m in the year to March after also booking £4m costs associated with restructuring the business in line with the strategic growth plan and the closure of certain Polish operations. Strong growth in last years order book was converted into a 14% revenue rise to £152m. However, margins slipped chiefly as a…

A. M. Castle & Co. Announces Commitment Letters for Post-Restructuring and Debtor-In-Possession Credit Facilities – GlobeNewswire (press release)

Restructuring

OAK BROOK, Ill., June 05, 2017 (GLOBE NEWSWIRE) — A. M. Castle & Co. (OTCQB:CASL) (the Company or Castle), a global distributor of specialty metal and supply chain solutions, today announced that it has executed commitment letters with PNC Bank, National Association for (1) a $125 million senior-secured, revolving credit facility (the New ABL Facility) that…