Drew McManigle Named as One of the Top 25 Business Restructuring & Turnaround Professionals for 2023 – Benzinga

MACCO Restructuring Group, LLC (MACCO) is proud to announce that its Founder and CEO, Drew McManigle, has been named by the Global M&A Network to its coveted Top 100 Restructuring and Turnaround Professionals list, comprised of 25 consultants and investment bankers, and 50 lawyers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913672430/en/…

QIWI : Provides Update on Corporate Restructuring – Form 6-K – Marketscreener.com

QIWI Provides Update on Corporate Restructuring NICOSIA, CYPRUS – September 12, 2023 – QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), an innovative provider of cutting-edge payment and financial services, today announced it has received from the NASDAQ Hearing Panel the extension of the period for completion of the restructuring process until November…

McDermott Enters Deal to Initiate Financial Restructuring – Rigzone News

McDermott International Ltd announced that it has entered into a transaction support agreement – with more than 75 percent, in aggregate, of its secured letter of credit providers, funded debt creditors, and equity holders – to initiate a financial restructuring process. The move is being undertaken to strengthen McDermotts capital structure, enhance its liquidity position,…

Angel One announces business restructuring, appoints Nishant Jain as chief business officer for assisted channels – The Financial Express

Angel One Ltd (formerly Angel Broking Ltd) on Tuesday announced that it has undertaken a business restructuring initiative. As part of this reorganization, the companys business from the assisted channel will be consolidated under Angel Securities Limited, while that from the direct channel will be housed under Angel Crest Limited. Angel One has also onboarded…

Joust announces intention to sell as part of strategic shakeup – Mortgage Professional Australia

As part of its restructuring efforts, Joust has confirmed that it would streamline its operations, which included the loss of some of its key business development managers.  While these decisions were not made lightly, they were viewed as essential steps to create a leaner, more agile organisation that could better navigate the current market, the company…

Hengli Petrochemical subsidiary eyes nearly $2 bln restructuring – Reuters

Sept 11 (Reuters) – Chinese independent refiner and petrochemicals producer Hengli Petrochemical (600346.SS) has agreed to restructuring deals worth a total of up to $1.89 billion for its subsidiary Kanghui New Material Technology, filings showed on Monday. Under the restructuring, Kanghui will effectively become a separately listed company via transactions involving power and heating firm…

Major business restructure sees six Douglas Allen branches close – The Negotiator

Arun Estates, one of the largest independent estate agents in South East England, is restructuring its East London and Essex brand Douglas Allen which is resulting is six offices shutting up shop. Explaining the change Aldo Sotgiu, Group Managing Director of Arun Estates, says that specifically for East London (main picture) they have decided to…