Restructuring Update 3 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

* New company to list on the Australian stock market * AMP announces A$200 million share buyback * Further cash-backs to investors unlikely - UBS (Recasts and updates throughout with investor, share reaction) SYDNEY, April 23 (Reuters) - Embattled Australian wealth manager AMP Ltd has ended protracted talks to sell its asset management arm’s private markets business to Ares Management Corp, instead announcing on Friday it will spin off and re-brand the unit. The restructure is expected to be completed in the first half of fiscal 2022, and will be followed by a A$200 million ($154 million) s...

* Creditors refuse to extend deadline on restructuring talks * Regional government says it is unable to help (Updates with bankruptcy request) MADRID, Feb 22 (Reuters) - Spanish engineering and renewables company Abengoa said on Monday it had decided to voluntarily request to start the bankruptcy process after its creditors refused to extend a deadline for negotiating a restructuring agreement. A proposed restructuring to tackle Abengoa’s 6 billion euro ($7.30 billion) debt mountain has unravelled since the regional government of Andalusia withdrew an offer of 20 million euros in funding as...

French power group EDF said on Wednesday it could double its growth target for renewable energy and become a European champion in the field provided a planned re-organisation, code-named Hercules, can get the go-ahead.

French power group EDF said on Wednesday it could double its growth target for renewable energy and become a European champion in the field provided a planned re-organisation, code-named Hercules, can get the go-ahead.