By Lisa Wang / Staff reporter PC vendor Asustek Computer Inc () is restructuring after posting its first quarterly losses in four years last quarter, it said yesterday. The company hopes to expand its commercial PC market share to 10 percent from 5 percent, Asustek cochief executive officer Samson Hu () said at an online…
Dentons has advised financial institutions creditors of the Ezentis Group, among wich are Banco Santander, BBVA and EBN, in the restructuring process recently approved by the Commercial Court of Seville. The transaction has been led by Santiago Hurtado, partner head of restructuring at Dentons Spain, who has led a multidisciplinary team in which counsel Javier…
Normal text sizeLarger text sizeVery large text size The ABC will announce dozens of job cuts on Thursday afternoon, including the role of political editor Andrew Probyn, as it prepares to undergo its most significant restructuring in several years. Probyn confirmed his departure, and said he was gobsmacked by the decision. Sources not authorised to…
HOUSTON, June 14, 2023–(BUSINESS WIRE)–MACCO Restructuring Group (“MACCO”) and H.S. Grace and Company, Inc. (“HSG”) have formed a strategic consulting alliance to leverage the expertise of each firm to address the coming tsunami of commercial real estate defaults, business turnarounds and bankruptcies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230614081788/en/ MACCO is…
June 13 (Reuters) – British cinema chain operator Cineworld (CINE.L) is preparing to file for administration as a part of a financial restructuring plan, Sky News reported on Tuesday. The company is lining up AlixPartners to act as administrator to help with the transfer of ownership to its lenders, the report added. An announcement is…
Embracer Group has announced a business restructuring. The Swedish holding company plans a multi-phase program aimed at increasing its growth and long-term efficiency. Warhammer 40,000: Space Marine 2 What are the goals of Embracer Groups restructuring? On June 13, Embracer CEO Lars Wingefors outlined the main points of the restructuring program in an open letter…
Embracer Group has announced that the company will be restructing to make the company a leaner, stronger and a more focused, self-sufficient company. The restructuring will include layoffs and the termination, or pausing of some projects. TL;DR Key Points of the open letter: The closing of some studios and termination of unannounced projects. Where Embracer…
Jun 13, 2023 11.21am Dominos Pizza chief executive Don Meij downplayed the companys earnings downgrade on Tuesday as a cycle, after weak trading pushed it to close nearly 100 stores and give up on an expansion into Denmark. The business is fighting the inflationary war on two fronts: absorbing higher prices for ingredients, energy and…
Nomura Holdings plans to scale back a brokerage venture with messaging app operator Line Group amid a gloomier outlook for the business. As part of the restructuring, Japans biggest securities firm will take over the management of client brokerage accounts while the venture, Line Securities, will focus on foreign-exchange margin trading services, the companies said…
Jun 13, 2023 4.39pm Three years after paying $NZ1 (90c) to buy New Zealands largest publisher, former journalist Sinead Boucher is in the midst of the biggest strategic pivot in the history of her media group, Stuff. Ms Boucher, who bought the company from Nine Entertainment in 2020, has announced a major leadership overhaul and…