Latest News for: Asset restructuring

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Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say

Hong Kong Standard 16 Oct 2021
Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than US$300 billion in debts ... "Before that they cannot work on restructuring and talk to bondholders.".
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Bankruptcies: Oct. 16, 2021

Messenger-Inquirer 16 Oct 2021
Court-appointed trustee sells assets, and the debtor is discharged of debts ... it restructures its business.
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Corporatisation of Ordnance Factory Board: PM dedicates 7 defence firms to the nation

Business Line 15 Oct 2021
“The objective of this restructuring is to transform Ordnance Factories into productive, and profitable assets, improve expertise in product range, increase competitiveness, improve quality, enhance cost-efficiency and ensure self-reliance in defence preparedness,” he said.
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Exclusive-Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say

Metro USA 15 Oct 2021
HONG KONG (Reuters) – Evergrande Group’s chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts.
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EXCLUSIVE Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say

Reuters 15 Oct 2021
HONG KONG, Oct 15 (Reuters) - Evergrande Group's (3333.HK) chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts.
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The week in bankruptcies: 2 entities in Greater Washington

Wtop 15 Oct 2021
Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern.
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Truist reports third quarter 2021 results

Johnson City Press 15 Oct 2021
Below is a listing of the types of non-GAAP measures used in this news release.Adjusted Efficiency Ratio - The adjusted efficiency ratio is non-GAAP in that it excludes securities gains (losses), amortization of intangible assets, merger-related and restructuring charges, and other selected items.
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The week in bankruptcies: WA Inc.

Business Journal 15 Oct 2021
Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to ...
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Unions and Sabadell bank reach agreement in principle over redundancies

Catalan News 15 Oct 2021
... prior, something it attributed to the Covid-19 crisis, the sale of troubled Caja Mediterráneo assets, and its restructuring plan in Spain and the United Kingdom.
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The week in Valley bankruptcies: Daisey LLC

Business Journal 15 Oct 2021
... assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure… .
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‘New defence firms to help import substitution’: PM Modi

Hindustan Times 15 Oct 2021
“The objective of this restructuring is to transform ordinance factories into productive and profitable assets, improve expertise in the product range, increase competitiveness, improve quality, enhance cost-efficiency and ensure self-reliance in defence preparedness.”.
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HDFC Bank Q2 preview: Expect double digit NII growth; watch for sale to ARCs

The Times of India 15 Oct 2021
NEW DELHI ... Revenues for the bank may grow 4-7 per cent quarter-on-quarter and 12-14 per cent year-on-year, said analysts ... “Stable asset quality and credit cost will continue to aid profitability ... Among the key things to watch for, according to analysts, are sale of bad loans to ARCs, asset quality, restructure 2.0 and growth outlook on each segment. .
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Evergrande debt woes are manageable, China central bank official says

RNZ 15 Oct 2021
Zou's comments came as sources told Reuters that Evergrande chief executive Xia Haijun was holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales ... PBOC urges speedy asset sales.
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Modi: India on track for a self-reliant defence sector

Hindustan Times 15 Oct 2021
“The objective of this restructuring is to transform Ordnance Factories into productive and profitable assets, improve expertise in product range, increase competitiveness, improve quality, enhance cost-efficiency and ensure self-reliance in defence preparedness,” Singh said.
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Dow declares quarterly dividend of 70 cents per share

Cadillac News 15 Oct 2021
sales of Dow's products; Dow's expenses, future revenues and profitability; the continuing global and regional economic impacts of the coronavirus disease 2019 ("COVID-19") pandemic and other public health-related risks and events on Dow's business; capital requirements and need ...
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