Treasury Wine Estates chief Mike Clarke is restructuring the firm’s Californian operations. Photo: David Mariuz – The Sydney Morning Herald

Restructuring

Treasury Wine Estates chief Mike Clarke is restructuring the firm’s Californian operations. Photo: David Mariuz Penfolds owner Treasury Wine Estates is restructuring its winery assets in California with the sale of the Paicines winery and several small vineyards and an expansion of production at the Beringer winery as it pursues $34 million in cost savings in its…

Filings: What a $25 million restructuring means for this Nashville public company – Nashville Business Journal

Restructuring

Some of those changes are obvious: there are many new faces in the executive suite since North Tide Capital first pushed for the ouster of then-CEO Ben Leedle. The company has announced a $25 million restructuring effort that includes transition from five markets to two distinct business units, and it recently leased a full floor…

From Sir Philip Green to Frank Field, these are the most important reactions to BHS’ liquidation – City A.M.

Liquidation

It’s the end of an era: after weeks of uncertainty, today BHS’ administrators finally announced they were calling time on the sale of BHS – without a buyer. That could mean the disappearance of one of the high street’s biggest names, with all 163 stores closing.  Not surprisingly, given the size of the collapse – some…

Toshiba Tec to step up restructuring of POS business overseas – Nikkei Asian Review

Restructuring

TOKYO — Toshiba Tec plans to close units marketing point-of-sales systems and cut jobs in the business at a cost of roughly 2 billion yen ($18.4 million) this fiscal year. The subsidiary of Japanese conglomerate Toshiba will accelerate reorganization efforts to deal with shrinking investment by U.S. retailers and unfavorable exchange rates. Toshiba Tec will shut…

KoreConX Announces New Program to Help Equity/Debt Crowdfunding Portals Access Chinese Investors & Companies – Crowdfund Insider

Debt Help

On Thursday, KoreConX  announced its new program that helps equity and debt crowdfunding platforms go truly global by accessing Chinas accredited investor base and companies in need of funding. The program, Going Global Solutions, provides portals with a feasibility study of the marketplace, recommendations regarding the legal and regulatory framework, technology deployment requirements, and operations and support.President and CEO of…