restructuring

Latest news articles about restructuring

Electra Provides Update on Restructuring Terms to Advance Completion of Cobalt Refinery

ELBM

(NASDAQ:ELBM) TORONTO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announces amendments to its previously disclosed recapitalization and restructuring initiative (the “Restructuring”), a key step toward strengthening its balance sheet and completing construction of North America’s first battery-grade cobalt sulfate refinery.

September 16, 2025Read more →

Sanoma plans to centralise its printing operations to the Helsinki area and close its printing facility in Tampere

SANO

(SANO) Sanoma Corporation, Press Release, 11 September 2025 at 14:00 EET

September 11, 2025Read more →

Choate Expands Its Finance and Restructuring Team with Addition of Michael Comerford

Veteran restructuring partner will advise lenders, private equity sponsors, insurance companies and Boards of Directors on complex bankruptcies and workouts. BOSTON, Sept. 2, 2025 /PRNewswire/ -- Michael E. Comerford has joined Choate as a Partner in the Firm's nationally recognized...

September 2, 2025Read more →

Bollinger Innovations Announces Additional Cost Cutting Measures

Company cost cutting initiatives include additional staff cuts and closing of facilities to further reduce overall operating expenses

September 2, 2025Read more →

Spirit Airlines Takes Action to Build a Stronger Foundation and Future for America's Leading Value Airline

SAVE

(SAVE) Commences voluntary restructuring process to implement financial and operational transformation to redesign network, optimize fleet and realign strategy with evolving marketplace Flights, ticket sales, reservations and operations continue DANIA BEACH, Fla., Aug. 29, 2025 /PRNewswire/ --...

August 29, 2025Read more →

Google has eliminated 35% of managers overseeing small teams in past year, exec says

GOOGL

In Google's continuing effort to run more efficiently, the company has been getting rid of managers who oversee fewer than three people.

August 27, 2025Read more →

Notice of the draft decisions on the agenda and general voting ballot for the Annual General Meeting of Shareholders of AUGA Group AB, a company undergoing restructuring, convened on 29th August 2025

As previously announced, the Annual General Meeting of Shareholders of AUGA group, AB, a company undergoing restructuring (legal entity code 126264360, registered office at Konstitucijos Ave. 21C, Vilnius, hereinafter – the “Company”) is convened on the initiative and decision of the Company’s Board on 29th  August 2025 at 10:00 AM (hereinafter – the “Meeting”). With this notice, the Company announces the proposed resolutions on items 5-6 of the agenda, together with additional information, and provides an updated general voting ballot.

August 25, 2025Read more →

Modivcare Enters into Comprehensive Restructuring Agreement to Strengthen its Future, Reduce Debt and Inject Capital

MODV

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, today announced that it has taken necessary and decisive action intended to strengthen its financial foundation while continuing to provide access to care, reduce costs, and improve outcomes for clients and members nationwide. Modivcare has filed for voluntary Cha

August 21, 2025Read more →

Notice of the draft decisions on the agenda and general voting ballot for the Annual General Meeting of Shareholders of AUGA Group AB, a company undergoing restructuring, Convened on 29th August 2025

As previously announced, the Annual General Meeting of Shareholders of AUGA group, AB, a company undergoing restructuring (legal entity code 126264360, registered office at Konstitucijos Ave. 21C, Vilnius, hereinafter – the “Company”) is convened on the initiative and decision of the Company’s Board on 29th  August 2025 at 10:00 AM (hereinafter – the “Meeting”). The Company also publishes the general voting ballot.

August 18, 2025Read more →

AUGA group, RAB creditors approved AUGA group's draft restructuring plan

On August 18, 2025, a reconvened meeting of creditors (hereinafter – the Meeting) of the AUGA group, AB under restructuring (legal entity code 126264360, registered office address: Konstitucijos pr. 21C, Vilnius; hereinafter – the Company) took place. Over 73% of all creditors participated in the meeting, therefore a quorum was reached. The absolute majority of votes of all participating creditors - only 5 per cent of all participating creditors voted against - approved the draft restructuring plan of AUGA group.

August 18, 2025Read more →

Norsk Hydro: Hydro cuts costs and carries out strategic workforce adjustment

NHY

To strengthen its long-term resilience, Hydro has decided to initiate a process aiming to cut annual costs by NOK 1 billion, including reducing the overall workforce by 750 positions.

August 14, 2025Read more →

Ankura Launches Turnaround & Restructuring Practice in Germany

Led by Senior Managing Director Jens Nawrath, the new practice enhances global T&R capabilities FRANKFURT, Germany, Aug. 14, 2025 /PRNewswire/ -- Ankura Consulting Group, LLC ("Ankura"), a leading global expert services and advisory firm, today announced the establishment of its...

August 14, 2025Read more →

Grapevine Energy (f/k/a Global Clean Energy) Announces Successful Completion of its Financial Restructuring

BAKERSFIELD, Calif.--(BUSINESS WIRE)--Grapevine Energy Holdings, LLC (“Grapevine” or the “Company”), formerly Global Clean Energy Holdings, Inc., a vertically integrated renewable fuels company, today announced that the Company and its subsidiaries have emerged from Chapter 11. This milestone marks the successful completion of the Company’s restructuring process and implementation of its Chapter 11 Plan of Reorganization (the “Plan”), which was confirmed by the U.S. Bankruptcy Court for the Sou

August 12, 2025Read more →

C3 AI Restructures Sales and Services Organizations to Accelerate Growth

AI

REDWOOD CITY, Calif.--(BUSINESS WIRE)--C3 AI (NYSE: AI), the Enterprise AI application software company, in the course of Q1, has restructured its global sales and services organization, including new leadership. That restructuring is now complete. New leadership includes: Rob Schilling joins C3 AI as EVP and Chief Commercial Officer, responsible for all Sales, customer-facing teams, and Alliances, effective June 16, 2025. Schilling is a seasoned enterprise application sales leader. His prior e

August 8, 2025Read more →

Amazon lays off more than 100 employees in Wondery unit as part of audio business restructuring

AMZN

Amazon acquired Wondery nearly five years ago as part of a push into original audio content.

August 4, 2025Read more →

Mavenir 签署债务资本重组交易协议,推动持续发展

MVNR

此次交易将可改善 Mavenir 的资产负债表,并为其着重盈利的移动核心业务的战略重点提供支持

June 18, 2025Read more →

Mavenir 簽署債務資本重組交易協議,推動持續發展

MVNR

此次交易將可改善 Mavenir 的資產負債表,並支援其著重盈利的流動核心業務的策略重點

June 18, 2025Read more →

Mavenir חותמת על עסקת היוון חובות מחדש כדי להניע צמיחה מתמשכת

MVNR

עסקה לחיזוק המאזן של Mavenir ולתמוך במיקוד האסטרטגי שלה במגזר הליבה הניידת הרווחי שלה

June 18, 2025Read more →

Stora Enso initiates a strategic review of its Swedish forest assets (Inside information)

STOAF

STORA ENSO OYJ INSIDE INFORMATION 18 June 2025 at 19:00 EEST HELSINKI, Finland, June 18, 2025 /PRNewswire/ -- As part of its stronger focus on renewable packaging, Stora Enso is initiating a strategic review of its Swedish forest assets. The review includes assessing a potential...

June 18, 2025Read more →

Super League Announces 1-for-40 Reverse Split

SLE

SANTA MONICA, Calif., June 18, 2025 (GLOBE NEWSWIRE) -- Super League Enterprise, Inc. (Nasdaq: SLE) (the “Company”), a leader in engaging audiences through playable media, content, and experiences within mobile games and the world’s largest immersive platforms, announced today a reverse stock split of its issued and outstanding shares of common stock, par value $0.001 per share (“Common Stock”), at a ratio of 1-for-40 (the “Reverse Split”).

June 18, 2025Read more →