CapitaLand to form new investment entity, privatise property development business in key restructuring – The Straits Times

SINGAPORE – CapitaLand has proposed the group’s biggest-ever overhaul that will see the privatising of its real estate development business and consolidation of its fund management and lodging business. Under the scheme, the group’s investment management and fund managing platformsas well as its lodging business will be consolidated into CapitaLand Investment Management (CLIM), which is…

Storms, rain and flash flooding: The flood support for businesses on offer – SmartCompany.com.au

Source: Unsplash/Jonathan Ford Support for small businesses affected by flooding in parts of New South Wales and southeast Queensland has been announced by federal and state governments and the big four banks. The support comes after the New South State Emergency Service issued evacuation orders in Western Sydney and lower parts of the Blue Mountains…

Debt-laden HNA seeks long-term investment for airline, airport & retail units – DealStreetAsia

Signage for HNA Group Co. is displayed atop the company’s building in Beijing, China, on Thursday, Feb. 1, 2018. Photographer: Giulia Marchi/Bloomberg Premium The once high-flying Chinese conglomerateHNA Group Co. Ltd.is seeking strategic investors for its airline, airport and retail businesses after receiving court approval to include the giant and 320 of its related companies…

Nokia to slash 1,500 jobs in India under global restructuring plan – Business Today

As part of its global cost restructuring plans, Finnish telecom giant Nokia will lay off around 1,500 employees in India. Through this cost restructuring, the telecom bellwether aims to increase investment towards research and development capabilities and reduce site fragmentation. The restructuring plans will hit Nokia’s global operations as well as its India operations. Consultation…

HNA Seeks Long-Term Investment in Step Toward Bankruptcy Restructuring – Caixin Global

The once high-flying Chinese conglomerate HNA Group Co. Ltd. is seeking strategic investors for its airline, airport and retail businesses after receiving court approval to include the giant and 320 of its related companies in a single bankruptcy restructuring case. HNAs decision, made public Friday in three separate announcements by its restructuring team, offers a…

Australian government passes IR laws attacking casual workers, but business demands much more – WSWS

The Liberal-National Coalition government pushed its industrial relations legislation through the Senate yesterday, but it had to drop key aspects of the bill that had been demanded by big business in order to win the votes of crossbench MPs. While the laws contain attacks on the rights and conditions of casual workers, and have been…

V1 Group achieved business turnaround and completed restructuring in 2020 – Yahoo Finance

Focus on sports quiz, set to become a leading digital sports entertainment group in China HONG KONG, March 19, 2021 /PRNewswire/ — V1 Group Limited, (“V1 Group” or the “Company“, together with its subsidiaries, the “Group“; stock code: 82) announces today its audited results of the year ended 31 December 2020. From the acquisition of…

Force 10 Partners Tapped to Restructure CarbonLite, a Leading Supplier of Recycled Content in Plastic Water Bottles – PRNewswire

IRVINE, Calif., March 18, 2021 /PRNewswire/ –CarbonLite Holdings, LLC has retainedForce 10 Partners to lead its restructuring effort, following its voluntary bankruptcy filing on March 8, 2021. Force 10 Co-founder Brian Weiss is serving as chief restructuring officer. The Force 10 team is focusing on the post-bankruptcy emergence of CarbonLite, one of the world’s largest…

Restructuring firm moves into Scottish market with Glasgow office – Insider.co.uk

A restructuring and insolvency business has moved into the Scottish market with the opening of its first Scottish office in Glasgow. Opus Business Advisory Group has poached local insolvency and restructuring specialist Mark Harper from Wylie & Bisset to lead the Scottish office. The expansion makes Glasgow its 11th base, in addition to Bristol, Maidstone,…