Category Archives: Restructuring

Corporate Development And Restructuring Consulting Services Market 2020-2026 | Deloitte, Pwc/Strategy, Ey, Kpmg, Accenture, Ibm, Mckinsey & Company – PRnews Leader

The Research Insights has published an innovative data, titled as Corporate Development And Restructuring Consulting Services market. To discover the desired statistics for prediction of the current and future trends, it uses the primary and secondary research techniques. This report is summarized with provisions of the industries as well as requirements of the customers. It…

Norwegian Air seeks bankruptcy protection, to restructure | Business News – SCNow

{{featured_button_text}} COPENHAGEN, Denmark (AP) Low-cost carrier Norwegian Air Shuttle said Wednesday it is seeking restructuring and bankruptcy protection in Ireland, where its fleet is held, saying the decision was in the interest of its stakeholders. Norwegian will continue to operate its route network and both its bonds and shares will trade as normal on the…

‘Fun and relaxed’: Virgin to target mid-market travellers – Sydney Morning Herald

Loading “We had become very formal and formulaic in doing what we were doing and were spending too much time trying to copy other competitors.” Virgin launched as the budget carrier Virgin Blue 20 years ago but in 2011 reinvented itself as a full-service airline targeting Qantas’ rusted on corporate travellers. It ran up huge…

Selling part of your business as a restructuring strategy | Reach Further – Reach Further

By Melody Yuan Nov. 16, 2020 Selling a portion of your business may bring in cash, provide access to resources, or reduce financial risk. (Photo credit): Gettyimages.com/pixelfit How selling certain portions and assets of your business can be part of your strategy to save it Cash is a lifeline. But with the prolonged pandemic, lower…

Corporate debt restructuring in times of COVID-19: The case for Debt-for-Climate swaps – World Bank Group

The strain of corporate debt looms large over the global economy. Months into the pandemic, corporate balance sheets in both advanced economies and emerging markets are more stretched than ever, with aggregate corporate debt standing at historically high levels relative to GDP. At the same time, traditional measures of debt affordability and debt sustainability are…

Restructuring Telstra: our most significant change since privatisation – Telstra Exchange

Today at our annual Investor Day we announced an important milestone in our T22 journey an important moment in Telstras long history a proposed restructure of our business. I wanted to take a moment to explain whats driving the changes and what happens next. First let me outline todays announcement. We have announced the proposed…

Kesoram Industries hopes to conclude restructuring process by Dec – Business Standard

Kesoram Industries Ltd is focusing on a sustainable turnaround and expecting to conclude its second phase of restructuring process by inducting a strategic investor into it TopicsKesoram Industries|Indian companies B K Birla Group flagship Kesoram Industries Ltd is focusing on a sustainable turnaround and expecting to conclude its second phase of restructuring process by inducting…

KPMG to dispose of restructuring business – Accountancy Daily

A KPMG UK spokesperson said: Our industry-leading restructuring business has an established track record of advising on some of the highest profile and most complex projects across the UK. However, in recent years we have seen the dynamics of the UK insolvency and restructuring market change. As a result, we have concluded that now is…

Surge in insolvencies will be good news for some – The Australian Financial Review

John Winter, CEO of the Australian Restructuring Insolvency and Turnaround Association: Firms “well aware there are busy times ahead”. The temporary insolvency relief measures have cut work in the area to the extent that “55 per cent of insolvency firms remain on JobKeeper themselves“, said John Winter, the CEO of the Australian Restructuring Insolvency and…

Maxis announces CTIO departure, business restructuring – Telecompaper

Malaysian operatorMaxishasannounced that its chief technology and information officer (CTIO) Morten Bangsgaard has resigned from his position within the company. He will be leaving Maxis at the end of this year, to pursue other career opportunities. Bangsgaard has held the CTIO role for over six years. With Bangsgaards departure, Maxis has announced plans to streamline…