Pacific Provides an Update on its Restructuring Transaction and Anticipated Implementation Date – PR Newswire (press release)

Restructuring

Pursuant to the terms of the indenture (the “DIP Warrant Indenture“) governing the warrants issued as part of the debtor-in-possession financing (the “DIP Financing“) made available in connection with the Creditor/Catalyst Restructuring Transaction (the “DIP Warrants“), October 3, 2016 has been designated as the “Anticipated Exit Date” (or the expected Implementation Date). The record date…

ThaiBev looks abroad to grow – Bangkok Post

Restructuring

Thai Bev’s Chief executive Thapana Sirivadhanabhakdi. Thai Beverage Plc (ThaiBev) will aggressively boost its business footprint in Asean through mergers and acquisitions, including a further stake in Vinamilk, Vietnam’s largest dairy producer. The moves will help ThaiBev achieve its goal of becoming a leading, sustainable drinks company in Asean by 2020. Chief executive Thapana Sirivadhanabhakdi…

Origin Energy restructure on the cards as Frank Calabria replaces Grant King as CEO – The Sydney Morning Herald

Restructuring

Ahead of the start up of its second unit at its Queensland gas export project, Origin Energy has moved to replace its longstanding chief executive, Grant King, who is to be replaced by an internal appointment, Frank Calabria. HIs appointment is likely to rekindle speculation of a potential restructuring of the group, splitting into its energy…

Ashok Leyland turns volatile after announcing restructuring pact with Nissan Motor – Business Standard

Restructuring

Ashok Leylandwas down 0.73% to Rs 87.85 at 10:00 Iston BSE, with the stock witnessing intraday volatility after the company announced a restructuring agreement with Nissan Motor Co. The announcement was made after market hours yesterday, 7 September 2016. Meanwhile, the S&P BseSensex was down 12.69 points or 0.04% at 28,913.67. …

Restructuring Presents An Opportunity For General Electric Stock Investors – Amigobulls

Restructuring

General Electric is poised to grow significantly due to its restructuring plan. GE’s stock is not dirt cheap, but it is not very expensive either, and its average annual estimated EPS growth is high. I believe that the ShipXpress acquisition will increase GE Transportation revenues and profits. As previously announced, General Electric (NYSE:GE) has decided to…