Companies Mitsubishi Motors Corp Follow Renault SA Follow Guangzhou Automobile Group Co Ltd Follow Show more companies TOKYO/PARIS, Oct 24 (Reuters) – Japan’s Mitsubishi Motors (7211.T) said it will end production of its cars at its joint venture in China and transfer its stake in the unit to its Chinese partner, becoming the latest foreign…
October, 2023, Estonia, Infusion Games team is pleased to announce a significant change of direction, restructuring and rebranding of the company. Realizing that the scope of the company has expanded beyond game development, the decision was made to rename the main company from Infusion Games to INFUSION, and to move the divisions into a separate…
Vedanta Ltd is likely to lose its third chief financial officer in as many years just as the mining conglomerate controlled by billionaire Anil Agarwal heads into an ambitious restructuring of its businesses, according to a report published by Bloomberg. People familiar with the matter, on the condition of anonymity, said that Sonal Shrivastava who…
Bangkok Insurance, which is one of Thailand’s leading general insurers, has formed a holding company and is restructuring the group. The restructuring process will involve the delisting of ordinary shares of Bangkok Insurance from the Stock Exchange of Thailand (SET); making an offer for the shares, establishing a new holding company, and listing the ordinary shares…
Bangkok Insurance, which is one of Thailand’s leading general insurers, has formed a holding company and is restructuring the group. The restructuring process will involve the delisting of ordinary shares of Bangkok Insurance from the Stock Exchange of Thailand (SET); making an offer for the shares, establishing a new holding company, and listing the ordinary shares…
The founder of a cannabis business now controlled by William Beau Wrigley has sued affiliates of the chewing-gum heir, saying Wrigley is using a self-dealing corporate restructuring to make fraudulent asset transfers and dodge a court judgment. The lawsuit made public Thursday targets the insolvent marijuana enterprise, Parallelwhich operates the Surterra Wellness retail brandalong with…
Reuters. FILE PHOTO: A replica of the astronaut capsule is displayed at the Blue Origin site, on the day the Blue Origin’s rocket New Shepard blasts off on billionaire Jeff Bezos’s company’s fourth suborbital tourism flight with a six-person crew near Van Horn, Te By Joey Roulette WASHINGTON (Reuters) -Blue Origin’s senior vice president of…
The founder of a cannabis business now controlled by William Beau Wrigley has sued affiliates of the chewing-gum heir, saying Wrigley is using a self-dealing corporate restructuring to make fraudulent asset transfers and dodge a court judgment. The lawsuit made public Thursday targets the insolvent marijuana enterprise, Parallelwhich operates the Surterra Wellness retail brandalong with…
The founder of a cannabis business now controlled by William Beau Wrigley has sued affiliates of the chewing-gum heir, saying Wrigley is using a self-dealing corporate restructuring to make fraudulent asset transfers and dodge a court judgment. The lawsuit made public Thursday targets the insolvent marijuana enterprise, Parallelwhich operates the Surterra Wellness retail brandalong with…
Many Latin American companies have used Chapter 11 of the United States Bankruptcy Code (the Bankruptcy Code) as a tool to effectuate a consensual balance sheet restructuring, especially for debt denominated in US dollars or governed by US law. The onset of the covid-19 pandemic also showed that Chapter 11 can also be used to effectuate a…