Portage Point Continues Turnaround & Restructuring Expansion with Addition of Seasoned Advisor Adam Chonich – PRNewswire

Restructuring

CHICAGO, May 11, 2021 /PRNewswire/ –Portage Point Partners, LLC (Portage Point), a business advisory and interim management firm that partners with stakeholders during periods of transition, underperformance and distress, announced today that Adam Chonich has joined the firm as a Managing Director. Adam has well over a decade of turnaround and restructuring experience having advised…

IBM restructuring plan gets CCI nod – BusinessLine

Restructuring

The Competition Commission of India (CCI) has deemed approved the green channel notice filed by Kyndryl Holdings LLC and Grand Ocean Managed Infrastructure Services Private Limited in relation to internal restructuring of IBM Corporation. International Business Machines Corporation (IBM Corporation/ seller) plans to spin off its global MIS Business into a new public company, within…

Telson Announces Restructure of Board of Directors, Corporate Name Change and Engagement of Endeavour Financial as Financial Advisor – Investing News Network

Restructuring

Telson Mining Corporation is pleased to announce a restructuring of its Board of Directors to better reflect and support the current growth of the Company as it continues construction of its flagship Tahuehueto Gold mine, improves efficiencies and metal recoveries at its Campo Morado operating mine and progresses on its development towards becoming a mid-tier…

Govt ‘does not intend nor expect’ restructuring to affect relationship between MCI and SPH newsrooms: Iswaran – The Straits Times

Restructuring

SINGAPORE – The relationship between the Government and newsrooms should not be affected even as Singapore Press Holdings (SPH) restructures its media business into a model that can receive state funding, said Minister for Communications and Information S. Iswaran. In a ministerial statement on Monday (May 10), he said the Government “does not intend nor…

KPMG restructuring and covenant business rebrands as Interpath Advisory – www.professionalpensions.com

Restructuring

Clarke: Client and market reaction has been universally positive The former restructuring advisory and employer covenant business of KPMG has rebranded and launched as Interpath Advisory. The multidisciplinary practice was sold to H.I.G. Europe and Interpath’s managing directors in March. The retitled business formally launched this week. Interpath employer covenant team leader David Clarke said:…

Dealwatch: Elite firms drill into $7.1bn Valaris restructuring as eclectic deals epitomise market – Legal Business

Restructuring

In what has been called an extraordinary case, Valaris$7bn financial restructuring made sizeable waves this week, as firms including Kirkland & Ellis, Slaughter and May and Akin Gump steered it to a successful conclusion. The transaction sees offshore drilling service providerValaris emerge from Chapter 11 after the company filed in August 2020, eliminating $7.1bn of…

SPH to restructure media business into not-for-profit entity to support quality journalism – The Straits Times

Restructuring

SINGAPORE – Singapore Press Holdings (SPH), which publishes The Straits Times and Lianhe Zaobao, intends to transfer its media business to a not-for-profit company as part ofa strategic review of its various businesses. Announcing the move on Thursday (May 6), SPH chairman Lee Boon Yang said the transfer will enable the media business to focus…