Special Report on
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Financial Restructuring Jobs - Trends
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for the purpose of making it more profitable, or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure, demerger , or a response to a crisis or major change in the business such as bankruptcy , repositioning , or buyout . Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. In education, restructuring refers a requirement in the No Child Left Behind act of 2001 , which requires schools identified as chronically failing for 5 years or more to undertake rapid changes that affect how the school is ...
DUBAI, United Arab Emirates — Dubai World formally presented its $23.5 billion restructuring plan to scores of creditor banks Thursday as it seeks closure to its months-old debt crisis, but made clear that wrangling over the deal could grind on for some time. The meeting was the first full gathering of the struggling conglomerate’s lenders since it outlined its financial rescue proposal earlier this year. It was held in the luxury coral-pink Atlantis hotel on the city-state’s manmade Palm Jumeirah island — itself one of the big-ticket projects Dubai World spent billions on ... Read More
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News Update: Wells Fargo to Restructure Division and Cut 3800 Jobs (WFC)
Woolworths Last Day! Closing down sale.