Page 178 - Restructuring News Today

Acorda Rises On Restructuring, ALXN Pauses COVID-19 Trial, SYBX On Watch Read on. 1. Acorda Rises on Corporate Restructuring Shares of Acorda Therapeutics Inc. (ACOR) jumped over 44% on Wednesday, on news of the company agreeing to sell its INBRIJA manufacturing operations in Chelsea, Massachusetts to Catalent, Inc. (CTLT) for $80 million in cash. INBRIJA is a prescription medicine from Acorda Therapeutics indicated for use when needed with hypomobility or OFF episodes in adults with Parkinsons...

Belgian chemicals group Solvay plans to cut hundreds of jobs as part of a restructuring plan, Belgian business daily De Tijd reported on Wednesday.

(2) Not to be published, distributed or circulated directly or indirectly in the United States, Australia or Japan. This press release is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017. Regulatory News: Europcar Mobility Group (Paris:EUCAR) (the "Company") filed an Amendment to the 2019 Universal Registration Document filed with the Autorité des marchés financiers ("AMF") on 12 January 2021 ...

The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.

Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Glob

The parent company of Malaysia Airlines said on Thursday it was nearing the end of a debt restructuring process which it hopes will be completed by the end of the first quarter of this year.

Montrouge, France, January 7, 2021 DBV Technologies Announces Change in U.S. Reporting Status and Final Approval of Global Restructuring Process DBV Technologies S.A. (Euronext: DBV - ISIN: FR0010417345

Comair receives rescue plan funding, repays financiers Comair (South Africa) issued (05-Jan-2021) the fourth status report on its business rescue proceedings. Details include: Aviation operations resumed on 01-Dec-2020; The company has received both equity and debt funding under the rescue plan. Financiers that assisted the company in managing itself out of financial distress have been repaid. Alternatively, the companys indebtedness has been merged into existing facilities; All remaining credi...

Strikes by workers protesting against a French nuclear reform plan reduced nuclear power generation by more than 1 gigawatt by 2057 GMT on Wednesday, including 1.7 GW at hydro power stations, data from power group EDF showed.

PIA’s restructuring December 29, 2020 Pakistan International Airlines (PIA) is moving its head offices, in phases, to Islamabad. Besides this, the PIA management is planning to curtail different expenses incurred under the head of medical facilities given to employees, which the management calls a huge financial burden on the airline’s earnings. The management is also considering to reduce the number of air tickets extended to its employees. There is another expense head which is a huge b...