financial-restructuring
France's Atos posts sales dip, targets M&A from 2026
FinanceUK's Petrofac's restructuring plan to leave shareholders empty-handed
Orange, Bouygues, Iliad-owned Free exploring carve-up of Patrick Drahi's SFR, FT reports
AirAsia strikes deal for up to 70 Airbus A321XLR jets as restructuring nears end
Brazil tycoon Tanure enlists Rothschild & Co for negotiations in Braskem bid
Date: June 16, 2025
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian businessman Nelson Tanure has retained advisory firm Rothschild & Co. to conduct bank negotiations critical to his proposed bid for Latin America's...
France's Atos to launch reverse stock split to restore investor confidence
Date: March 5, 2025
(Reuters) - Atos missed its annual revenue forecast on Wednesday, dented by contract terminations and market weakness, but saw improved order intake following a restructuring plan that restored client...
Sweden’s SBB exchanges $2.9 billion debt, eyes lower leverage ahead
Date: December 18, 2024
OSLO (Reuters) – Swedish real estate group SBB will have greater flexibility to divest property and to reduce its overall debt after completing a bond exchange offer on Wednesday, the company’s CEO told Reuters. The group said bondholders had agreed to an exchange of debt valued at 2.78 billion euros ($2.92 billion) in return for...
Britain’s Thames Water gets creditor nod for $506 million reserve funds
Date: November 19, 2024
(Reuters) -Britain’s Thames Water said on Monday creditors of its Class A debt approved a proposal to let it use about 400 million pounds ($505.88 million) of cash from its reserve accounts, providing a cash runway to February 2025. The proposal is part of a broader 3-billion-pound funding lifeline the indebted utility announced last month...
Swiss solar panel maker Meyer Burger’s future in doubt after key client quits
Date: November 15, 2024
By John Revill, Marleen Kaesebier ZURICH (Reuters) -Solar panel maker Meyer Burger said on Friday its future looked uncertain after its biggest customer pulled out, sending the struggling Swiss company’s shares crashing to new record lows. Meyer Burger, one of the few European solar panel makers left after the market was saturated with cheaper Chinese...
Vallourec to pay first dividend in 10 years after cutting debt
Date: November 15, 2024
By Mathias de Rozario (Reuters) -French steel tubes maker Vallourec said on Friday it would pay its first dividend in 10 years after cutting its debt further and completing a financial restructuring plan. The group’s shares were down 3% by 0805 GMT, however, after it also reported a drop in third quarter earnings. The group...