Restructuring & Recapitalization Business development news stories are included in this section, with emphasis on corporate entities that are planning for, or currently undergoing restructuring or recapitalization efforts.

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Sep 24, 2018, 08:00 ET Kainos Capital Announces Combination Of Kettle Cuisine, Bonewerks Culinarte, And Savory Creations

Kainos Capital today announced the combination of three of its portfolio companies – Kettle Cuisine, Bonewerks Culinarte, and Savory Creations – into ...


Sep 24, 2018, 07:30 ET Zecotek Ships Over US$250,000 of LFS Scintillation Crystals and Announces Internal Strategic Review

Zecotek Photonics Inc. ("Zecotek" or the "Company") (TSX-V: ZMS) (Frankfurt: W1I) (OTCPK: ZMSPF), a developer of leading-edge photonics technologies...


Sep 21, 2018, 16:41 ET Seasons Kosher Supermarkets Voluntarily Files Petition for Reorganization Under Chapter 11

As a leader in the Kosher grocery industry, Seasons Kosher Supermarkets has voluntarily filed a petition for reorganization under Chapter 11 of the...


Sep 21, 2018, 11:45 ET Claire's Receives Court Approval for Amended Plan of Reorganization

Claire's Stores, Inc. ("Claire's" or the "Company") today received approval for its Third Amended Plan of Reorganization (the "Plan") from the United ...


Sep 20, 2018, 11:00 ET Microgrid Energy Rebrands to Pivot Energy and Announces Expansion of Services

After almost a decade as Microgrid Energy, the Denver-based solar energy company is changing its name to Pivot Energy. The new brand reflects the...


Sep 20, 2018, 08:58 ET Legacy Reserves Inc. and Legacy Reserves LP Announce Completion of Corporate Reorganization

Legacy Reserves Inc. ("Legacy") and Legacy Reserves LP (the "Partnership") (NASDAQ: LGCY) announced today the completion of the previously announced...


Sep 20, 2018, 07:30 ET Under Armour Updates 2018 Restructuring Plan And Full Year 2018 Outlook

Under Armour, Inc. (NYSE: UA, UAA) today announced an update to its 2018 restructuring plan based on an organizational and process redesign intended...


Sep 19, 2018, 09:00 ET Russell Reynolds Associates Realigns Technology Practice to Help Client Organizations Transform Their Business by Staying Ahead of Disruptive Market Forces

Russell Reynolds Associates, a leading global search and leadership advisory firm, today announced that it has realigned its Technology Practice to...


Sep 19, 2018, 08:00 ET BNY Mellon Crafts Innovative Debt-To-Equity Program For Oi Telecom In Largest-Ever Latin America Debt Restructuring

BNY Mellon has announced its appointment as Depositary, Trustee, Registrar, Transfer Agent, Paying Agent, and Settlement Agent for the conversion of...


Sep 18, 2018, 11:26 ET Piaggio Fast Forward Announces Strategic Reorganization

Piaggio Fast Forward (PFF), a company whose mission is to build technology products that move the way people move and the creator of the...


Sep 17, 2018, 08:00 ET TE Connectivity announces definitive agreement to sell its subsea communications business to Cerberus Capital Management

TE Connectivity Ltd. (NYSE: TEL) (TE), a world leader in connectivity and sensors, today announced that it has entered into a definitive agreement to ...


Sep 14, 2018, 08:23 ET SB360 Capital Partners Chosen to Conduct Store Closing Sales for Thomasville & Co., and Broyhill Furniture

SB360 Capital Partners LLC (SB360), one of North America's leading asset realization firms, has been chosen by Heritage Home Group LLC (HHG) to...


Sep 13, 2018, 09:54 ET Barings Supports Quadriga Capital in Recapitalization of Ipsen

Barings, one of the world's leading financial services firm, announced today that it served as mandated lead arranger supporting Quadriga Capital in...


Sep 13, 2018, 07:30 ET The Hanover Insurance Group, Inc. Announces Agreement to Sell Chaucer for Total Proceeds of $950 million

The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has entered into a definitive agreement to sell the entities comprising Chaucer, its ...


Sep 12, 2018, 18:22 ET New MACH Gen LLC Announces Completion of Successful Restructuring

New MACH Gen, LLC ("NMG" or the "Company") today announced that NMG and certain of its subsidiaries have successfully completed their comprehensive...


Sep 12, 2018, 16:30 ET Bristow Announces Organizational Changes as Part of Continuous Improvements to the Company's Support Services

Bristow Group Inc. (NYSE:BRS) today announced organizational changes as part of continuous improvements to the company's support services model. The...


Sep 11, 2018, 13:18 ET Concordia International Corp. Provides Update On Its Recently Completed Recapitalization Transaction

MISSISSAUGA, ON, Sept. 11, 2018 /PRNewswire/ - Concordia International Corp. ("Concordia" or the "Company") (TSX: CXR), an international specialty...


Sep 10, 2018, 18:15 ET Taco Bueno Adjusts Market Presence to Pursue Growth Opportunities

Following an in-depth review of the brand's entire restaurant portfolio,Taco Bueno® announced today it will be making a number of strategic closures...


Sep 07, 2018, 05:00 ET Novus Reinforces its Presence and Key Objectives for Latin America North and South Regions

Novus International, Inc. has been working throughout the past few years to execute its strategy of "Maintaining leadership in the Methionine...


Sep 07, 2018, 05:00 ET VEON completes the sale of its 50% stake in Wind Tre to CK Hutchison

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading provider of connectivity and internet services for emerging markets, today announces...


Sep 06, 2018, 21:05 ET Concordia International Corp. Completes Recapitalization Transaction

MISSISSAUGA, ON, Sept. 6, 2018 /PRNewswire/ - Concordia International Corp. ("Concordia" or the "Company") (TSX: CXR), an international specialty...


Sep 05, 2018, 18:50 ET Ruby's Diner, Inc. Enters into Plan Support Agreement to be Effectuated via In-Court Reorganization; Independent Franchises Not Included in Proceedings

Ruby's Diner, Inc. ("Ruby's" or "Company"), the operator and franchisor of multiple Ruby's Diner restaurants across the nation, announced today that...


Sep 05, 2018, 07:00 ET Main Street Announces New Portfolio Investment

Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently led a new portfolio investment to facilitate the ...


Sep 05, 2018, 07:00 ET WindRose Health Investors, LLC Announces Recapitalization of Kolmac Clinic, LLC

WindRose Health Investors, LLC ("WindRose"), a healthcare-focused private equity firm, announced that funds managed by WindRose have completed a...


Sep 04, 2018, 18:05 ET American Tire Distributors Reaches Agreement in Principle on Terms of Recapitalization as it Continues Ongoing Transformation

American Tire Distributors, Inc. ("ATD" or the "Company") today announced that it has reached an agreement in principle with holders of more than 70% ...