Corporate Restructuring

Council OKs Bing's bond sale

The Detroit City Council voted 6-2 Friday to approve a $250-million fiscal stabilization bond sale that will allow the city to pay off its short-term debt and restructure its long-term financial obligations.

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Russia to stick to five priorities in economic restructuring, says Putin

ST. PETERSBURG, Russia, Nov. 21 (Xinhua) -- Russia will continue to implement its post-crisis measures for economic restructuring and development by adhering to five priorities, said Prime Minister Vladimir Putin on Saturday....

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Christians Are More Than Moslems - Bishop Okonkwo

As part of preparations for this year's Kingdom Life World Conference, the presiding bishop of The Redeemed Evangelical Mission, TREM and former CAN National Vice President, Dr. Mike Okonkwo, speaks on the state of the nation,...

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GM to release plan for European units in December

By George Frey The Associated Press FRANKFURT — General Motors Co. said it expects to release a full restructuring plan for its Opel and Vauxhall operations in mid-December but did not specify the amount of cuts to capacity and...

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Restructuring unlikely to affect ICD's strategy

The restructuring of the board of the Investment Corporation of Dubai (ICD) ? the investment arm of the government ? is not likely to result in any major change of business strategy for the organisation.

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Cordy Announces 2009 Third Quarter Results

CALGARY, ALBERTA - Cordy Oilfield Services Inc. ("Cordy" and or the "Company") (TSX VENTURE:CKK) announces its consolidated operating and financial results for the third quarter ended September 30, 2009. Operating Results for...

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Cordy Announces 2009 Third Quarter Results

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2009) - Cordy Oilfield Services Inc. ("Cordy" and or the "Company") (TSX VENTURE:CKK) announces its consolidated operating and financial results for the third quarter ended September 30,...

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Blackstone bids to take control of Gala Coral

Private equity giant Blackstone is gambling on an audacious eleventh hour intervention in the massive £2.5bn debt restructuring at beleaguered bookmaker-to-bingo group Gala Coral. Full house: Blackstone, the private-equity...

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InfoLogix Announces Closing of Restructuring of its Outstanding Debt with Hercules; Believes...

HATBORO, Pa. Nov. 20 /PRNewswire-FirstCall/ -- The warrant has a five year term and is immediately exercisable at such time when the Company amends its certificate of incorporation to increase the number of authorized shares of...

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Network18 to merge back-end operations of business channels

New Delhi, Nov. 20 Media conglomerate Network18 announced on Friday that it is going to merge the logistics, back-end and broadcast operations of its two business news channels, CNBC TV18 and CNBC Awaaz. The restructuring would...

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