Exactech Announces Divestiture of Spine Assets and Restructuring Charges – Business Wire (press release)

Restructuring

GAINESVILLE, Fla.–(BUSINESS WIRE)–With the goals of increasing productivity, enhancing profitability of its worldwide business, and strengthening its focus on core competencies, Exactech, Inc., (Nasdaq: EXAC), a developer and producer of bone and joint restoration products for extremities, hip, knee and spine, has announced the restructuring of its Spine and Biologics business segment including the divestiture…

Uniserve reports substantial EBITDA increase after restructuring – Yahoo Finance

Restructuring

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan 31, 2017) – Uniserve Communications Corporation (the “Company”) (TSX VENTURE:USS) is pleased to announce that as a result of the second quarter corporate restructuring activity, the fiscal Q2 2017 financial results show a 28% reduction in operating expenses, a 16.6% increase in revenues and a 145% improvement in EBITDA versus…

Shares of Seadrill Crash and Burn After Debt Restructuring – Fox Business

Restructuring

Image source: Getty Images. Continue Reading Below What happened Shares of Seadrill (NYSE: SDRL) are down 26.8% as of 11:45 a.m. EST today after the company announced it was in negotiations with its creditors to restructure its debt. So what Th… Read the full article at: http://www.foxbusiness.com/markets/2017/01/31/shares-seadrill-crash-and-burn-after-debt-restructuring.html

QORVAL Launches Maritime Shipping and Logistics Restructuring and Strategic Solutions Practice – Business Wire (press release)

Restructuring

NAPLES, Fla.–(BUSINESS WIRE)–QORVAL is pleased to announce the formation of QORVAL Marine, a new division that will offer world-class restructuring and strategic solutions services to the maritime sector. Led by Paul Slater, a leading maritime restructuring authority with over 30 years of experience in the industry, QORVAL Marine will focus on providing expert and innovative…

JND Corporate Restructuring Appoints Steven B. Smith, Esq. as Senior Consultant – Business Wire (press release)

Restructuring

SEATTLE & DENVER–(BUSINESS WIRE)–JND Corporate Restructuring, a subsidiary of JND Legal Administration that provides technology-driven claims and noticing services to companies undergoing corporate bankruptcy, announced that Steven B. Smith, Esq. has joined the company as senior consultant. In his new role, Smith will focus on advancing the companys growth objectives and supporting clients in their…

A High Street business banker says more companies want to sell internationally post-Brexit – Business Insider Australia

Restructuring

LONDON The head of business banking at High Street lender Natwest says more small businesses are asking about export opportunities as Brexit looms. They want to know how to trade internationally a bit more, those who dont already, Marcelino Castrillo, Managing Director for Business and Private Banking at Natwest, told Business Insider. Boosting British exports…

Restructure, low-margin business exit a positive move, Clover … – Creamer Media’s Engineering News

Restructuring

Dairy producer Clover on Monday moved to reassure shareholders that its restructure and the transfer of its low-margin business will not negatively impact the JSE-listed firm. Clover last month announced the restructuring of its business to develop higher-margin, value-added products in dairy and other related food categories and eliminate Clover’s exposure to the cyclical nature…

Endo slashes 90 jobs in latest restructuring effort – BioPharma Dive

Restructuring

Dive Brief: Endo International is slashing 90 full-time positions under a restructuring aimed at lowering costs and driving greater efficiencies and business alignment, the company said Jan. 26. The Irish pharma said its latest restructuring actions mainly will affect corporate functions and branded pharmaceutical R&D operations at its U.S. headquarters in Malvern, Pennsylvania, and in…