California Pizza Kitchen Successfully Completes Financial Restructuring Process Positioned for Profitable and Long-Term Growth – Business Wire

Restructuring

LOS ANGELES–(BUSINESS WIRE)–California Pizza Kitchen (CPK) today announced that it has successfully completed its financial restructuring process and emerged from Chapter 11, well positioned for long-term growth. As part of its financial restructuring, CPK completed a debt-for-equity transaction, and now has a substantially reduced debt load and increased liquidity, including exit financing that provides the…

Motherson Sumi nears 52-week high after it unveils 5-yr restructuring plan – Business Standard

Restructuring

Motherson Sumi Systems said that it is targeting $36 billion in group revenues by FY25E, including 25 per cent contribution from non-automotive space TopicsMotherson Sumi Systems|Buzzing stocks|Markets SI Reporter | Mumbai Last Updated at November 23, 2020 13:39 IST Shares of Motherson Sumi Systems (MSSL) advanced 5 per cent to Rs 146.30 on the BSE…

FTS International Completes Financial Restructuring – Business Wire

Restructuring

FORT WORTH, Texas–(BUSINESS WIRE)–FTS International, Inc. (NYSE American: FTSI) (FTSI or the Company) today announced that it has successfully completed its fully consensual financial restructuring and has emerged from Chapter 11. Michael Doss, Chief Executive Officer, commented, Today is an important day for FTSI. We have quickly and efficiently completed our financial restructuring and emerge…

iQor Emerges from Chapter 11 Process, Successfully Completes Financial Restructuring – Business Wire

Restructuring

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–iQor (the Company), a managed services provider of customer engagement and technology-enabled BPO solutions, announced today that the Company and each of its U.S. subsidiaries have emerged from Chapter 11 bankruptcy, signaling the completion of the financial restructuring process. The Companys Pre-Packaged Plan of Reorganization was confirmed by the United States Bankruptcy…

FTS International Completes Financial Restructuring | Business – Maryville Daily Times

Restructuring

FORT WORTH, Texas–(BUSINESS WIRE)–Nov 19, 2020– FTS International, Inc. (NYSE American: FTSI) (FTSI or the Company) today announced that it has successfully completed its fully consensual financial restructuring and has emerged from Chapter 11. Michael Doss, Chief Executive Officer, commented, Today is an important day for FTSI. We have quickly and efficiently completed our financial…

thyssenkrupp : reaches agreement on the restructuring of the automotive plant construction business in Germany – Marketscreener.com

Restructuring

Nov 19, 2020 8:00 AM thyssenkrupp reaches agreement on the restructuring of the automotive plant construction business in Germany thyssenkrupp has reached an agreement with the employee representatives on the restructuring of the German sites of the System Engineering unit. The negotiating partners have concluded a framework agreement and a social plan for all seven…