Businesses getting rid of non-core assets: Car leasing player Eclipx dumps Right2Drive – Kalkine Media

Summary The coronavirus pandemic has hurt countless companies and forced them to rethink on their business strategies and restructuring plans. Amid shrinking demand, stalling of operational activities, and growing uncertainties, several companies took steps to reduce their cost base. At the same time, many divested their non-core asset or non-core business to focus on their…

The shareholders’ general meeting has approved the financial restructuring plan – GlobeNewswire

July 20, 2020 02:00 ET | Source: TECHNICOLOR multilang-release PRESS RELEASE The shareholders general meeting has approved the financial restructuring plan Implementation of the first tranche of the New Money facility for an amount of c. 240 million Paris (France), 20 July2020 Technicolor (EuronextParis: TCH; OTCQX: TCLRY) announces that, on the basis of information received,…