Restructuring / Reorganization

Toshiba, Western Digital aiming to settle chip dispute next week: sources

Toshiba, Western Digital aiming to settle chip dispute next week: sources

Published 08/12/2017

FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko [more…]

UK’s Pendragon to sell U.S. Motor Group business

UK’s Pendragon to sell U.S. Motor Group business

Published 04/12/2017

LONDON (Reuters) - British car dealership Pendragon (PDG.L) is to sell its U.S Motor Group business after concluding a strategic review following a profit warning, [more…]

TIM’s board to discuss network options this week: source

TIM’s board to discuss network options this week: source

Published 03/12/2017

FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the headquarters in Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo/File PhotoMILAN (Reuters) - The [more…]

Exclusive: Exxon Mobil chief revamps refining, chemical operations – spokeswoman

Exclusive: Exxon Mobil chief revamps refining, chemical operations – spokeswoman

Published 27/11/2017

Darren Woods, Chairman & CEO of Exxon Mobil Corporation speaks during a news conference at the New York Stock Exchange (NYSE) in New York, U.S., [more…]

Clariant snubs review demand as showdown with White Tale looms

Clariant snubs review demand as showdown with White Tale looms

Published 24/11/2017

FILE PHOTO: The logo of Swiss specialty chemicals company Clariant is seen at the company's headquarters in Pratteln, Switzerland October 29, 2017. REUTERS/Arnd WiegmannZURICH (Reuters) [more…]

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

Published 20/11/2017

FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company's headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File [more…]

Shrinking GE rattles investors, shares hit 5-year low

Shrinking GE rattles investors, shares hit 5-year low

Published 14/11/2017

General Electric Co's (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the company's shares to a five-year low. [more…]

Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss

Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss

Published 23/10/2017

Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. [more…]

Activist investor RBR launching campaign to break up Credit Suisse: FT

Activist investor RBR launching campaign to break up Credit Suisse: FT

Published 16/10/2017

Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG (CSGN.S) into three parts, the Financial Times reported on Monday. [more…]

BASF to harvest seeds, herbicide businesses from Bayer for $7 billion

BASF to harvest seeds, herbicide businesses from Bayer for $7 billion

Published 13/10/2017

BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. [more…]