John Studzinski, one of the most prominent figures in global finance, is taking up a senior role at Pimco. Pimco, founded by the investing legend Bill Gross, is one of the worlds biggest fixed-income-focused investment companies. Studzinski was previously a senior figure at the private-equity giant Blackstone, and he was crucial in the restructuring of…
Toronto, Ontario(Newsfile Corp. September 3, 2018) Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) (Buffalo or the Company) announced today that STA Coal Mining Company Proprietary Limited (STA), a mining contractor engaged by the Company to provide contract mining services at the Companys Magdalena underground mine in South Africa, has provided notice to the Company of…
(Reuters) – U.S. automaker Ford Motor Co (F.N) plans to drop production of some of its automobile models as part of a planned operational restructuring announced earlier this year, sources told The Times. The Ford logo is pictured on the company’s stand during the 88th Geneva International Motor Show in Geneva, Switzerland, March 7, 2018.…
DURBAN The restructuring of Grindrod has been completed with the appointment of Andrew Waller as chief executive and Xolani Mbambo as financial director, with effect from September 1. The group said on Friday that both executives would also perform these roles for the freight services business as Grindrod consolidates the structure. Grindrod has concluded the…
On Aug 31, we issued an updated research report on Pentair plc (PNR – Free Report) . The company will gain from its restructuring actions, introduction of new products and market expansion. Further, following the separation of its Electrical business, Pentair will operate as a leading global water company focused on smart and sustainable solutions.…
The 88th Geneva International Motor Show Thomson Reuters (Reuters) – U.S. automaker Ford Motor Co plans to drop production of some of its automobile models as part of a planned operational restructuring announced earlier this year, sources told The Times. The British newspaper reported that Ford planned to end production of Mondeo, Galaxy and S-Max…
(August 29, 2018) Littler, the worlds largest employment and labor law practice representing management, has appointed Shareholder Arthur Carter (Dallas) as co-chair of its Business Restructuring and M&A practice group, succeeding Shareholder Robert Long (New York/Chicago/Miami). Carter joins Shareholder and Co-Chair Kerry Notestine (Houston) to lead Littlers team that advises clients on how to structure…
Accountancy and business advisory firm BDO has strengthened its business restructuring offering in the Midlands with the appointment of a new partner. Ryan Grant joins the firms Birmingham office today, bringing more than 18 years experience in business restructuring having been a partner at AlixPartners (formerly Zolfo Cooper) for the last eight years. He has worked…
The Maggie Beer Products gourmet foods business remains immersed in red ink but a restructuring program has prompted a glimmer of optimism from 48 per cent owner Longtable Group that the maker of ice-creams, pate, quince pastes and sauces can eventually make a profit. Longtable, which also owns the Paris Creek premium dairy business, revealed…
Loading Two weeks later Ms Sampieri said Mr Le arrived at the offices of Mr Whiteman and Mr Le was covered in bruises and scratches and had a limp. He told me he had been hit from behind with an iron bar and when he was on the ground they were kicking him. Ms Sampieri…