Business EBay Inc shareholder Elliott Management Corp on Tuesday urged the e-commerce platform to restructure its business and sell some businesses to double its market value in the next two years. An eBay logo is projected onto white boxes in this illustration picture taken in Warsaw, January 21, 2014. REUTERS/Kacper Pempel/File Photo 22 Jan 2019…
Dentsu Aegis Network is restructuring its media and performance business in Singapore. Moving forward there will be two verticals that will host Carat, Vizeum, Dentsu X and iProspect. These will be the Brand Solutions business and One Singapore Media Group, also incorporating Amplifi. Meanwhile, a DAN Client Solutions virtual team will sit across all brands…
Dealing with distressed companies has given KPMGs next WA boss an extra filter as he chases growth in the States rejuvenated professional services market. You see risk in a different way, Matthew Woods said of his insolvency work as the Perth-based national boss of restructuring services for KPMG. If we are to achieve the strong…
Hundreds of UK travel agents and tour operators could go out of business within three years, accordingto research commissioned by Radio 4s consumer programme, You and Yours. The BBC programme asked the insolvency firm Opus Restructuring to analyse Company Watch data on the finances of almost 4,000 travel firms. … Read the full article at:…
Smithfield Foods has made a raft of changes to its leadership structure in a move to unify all its operations, brands, and more than 54,000 employees globally under one corporate umbrella. Virginia-headquartered Smithfield said the new structure aims to in infuse innovative ideas in all aspects of the company and heighten its strategic focus. The…
teamwork business woman accounting concept financial in office On 21 January 2019, Change Financial Limited (ASX: CCA), an information technology company who develops a digital banking platform for peer-to-peer transfer and other day-to-day banking tool announced that restructuring of its mobile banking business. As a result of this restructuring, there a downfall seen in the…
YAKIMA, Wash. — The big buzz among Yakima Valley shoppers is Shopkos decision to close one of its Yakima-area stores. A liquidation sale for the store at 5801 Summitview Ave. started last week. The store is expected to close in early April. The company earlier said it had no information on whether the Shopko store…
With the deadline of Brexit coming closer, QBE Insurance Group Limited (ASX: QBE) is looking well prepared to handle it with the recently received approval from UKs High Court for its post-Brexit restructuring plans in the UK. With the Courts approval, the company has completed its Part VII Transfer under which the QBE groups European…
Mark Zuckerberg at Facebooks F8 conference in 2017 showing off a mock-up video of how AR glasses might work. Getty Facebook is moving hundreds of employees to a new product-focused augmented-reality group as it continues to quietly develop AR glasses. The employees are being moved out of the research-driven Facebook Reality Labs and into a…
Uden, the Netherlands, 18 January 2019 Beter Bed Holding: Q4 sales increased by 2.2%; restructuring on track As announced at the Capital Markets Day on 26 October 2018, Beter Bed Holding decided to restructure its international businesses. At the same event, a new mid-term strategy with the overarching customer promise to offer the best quality…