ARDSLEY, N.Y.–(BUSINESS WIRE)–Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced a corporate restructuring to reduce costs and more closely align operating expenses with expected revenue. The Company also announced changes to its management team. Corporate Restructuring As a result of the restructuring, the Company is reducing headcount by 15%. Most of the reduction in personnel will…
A man holds a petrol nozzle in a petrol pump in Kolkata, India, 03 July, 2021. Indranil Aditya | NurPhoto | Getty Images DETROIT Ford Motor is ending vehicle production in India, shutting down its two large plants there and terminating thousands of employees, as CEO Jim Farley restructures the automaker’s operations as part of…
PwC has further enhanced its business restructuring services (BRS) with the appointment of Rob Asplin as a senior adviser. Asplin brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. His appointment at PwC will have a particular focus on working with private equity-backed…
X Register for free to receive latest news stories direct to your inbox Register PwC has added to its business restructuring serviceswith the appointment of Rob Asplin as a senior adviser. He brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. Previously he…
Norwegian offshore vessel owner DOF is facing hurdles as it tries to negotiate a debt restructuring deal. Smaller shareholders have partnered up looking to put a stop to a restructuring plan that they believe would leave the company in the hands of incoming investors and large shareholders. According to Norwegian business daily Finansavisen, the group…
LAS VEGAS, NV, Sept. 07, 2021 (GLOBE NEWSWIRE) — Alkame Holdings, Inc. (OTC PINK: ALKM), is pleased to announce that management continues the strengthening of its balance sheet with the execution of a debt restructuring agreement with Blue Citi LLC. The Company’s strategic debt restructuring with Blue Citi LLC, has resulted in an agreement to…
PwC has added to Business Restructuring Services (BRS) team with the appointment of Rob Asplin as a senior adviser. Asplin brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. Previously he has been a partner in a special situations Fund; a Portfolio Chief…
LAS VEGAS, NV / ACCESSWIRE / September 7, 2021 / Alkame Holdings, Inc. (OTC PINK:ALKM), is pleased to announce that management continues the strengthening of its balance sheet with the execution of a debt restructuring agreement with Blue Citi LLC. The Company’s strategic debt restructuring with Blue Citi LLC, has resulted in an agreement to…
share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Tue, September 7, 2021 An extension to the loan-restructuring program for another year is expected to give banks and borrowers more breathing space, as fresh mobility restrictions (PPKM) dim Indonesias business recovery outlook. The Financial Services Authority (OJK) announced on Sept.…
Philippine Airlines (PAL) has said there is no certainty its business restructuring process will end by 2021, noting that a variety of factors will affect the timeline. The carrier was responding to a news report by the Manila Bulletin, which cites PAL president and chief operating officer Gilbert Santa Maria as saying that the embattled…