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Oil Major Chevron Makes Billions in Spending Cuts Despite Restructuring

2020-12-03 19:05:00| OGI

Chevron's 2021 Permian Basin spending of $2 billion is half of what it planned at the start of 2020 and lower than 2019 levels of $3.6 billion, says Biraj Borkhataria from RBC Capital Markets.

Tags: major makes oil spending

 

FourPoint Energy Completes Consensual Restructuring with EIG and Merger with Maverick

2020-12-02 14:15:00| OGI

George Solich and management team retain FourPoint Energy name, plan for next venture.

Tags: with energy merger restructuring

 
 

Telstra unveils restructuring plan to split into infrastructure, services companies

2020-11-12 09:05:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra has announced an important milestone in its T22 strategy at its annual Investor Day. Telstra plans to restructure its business. Under this proposed restructuring, Telstra will comprise three separate legal entities, led by a parent company to be called Telstra Group. The three entities will be InfraCo Fixed, InfraCo Towers and a third entity dubbed 'ServeCo'.

Tags: services plan companies split

 

Clarks starts restructuring talks with landlords?

2020-10-27 10:42:00| Daily apparel & textile news and comment - from just-style.com

Clarks is understood to have started discussions with landlords over the potential switch to a 'turnover rent' model as part of a restructuring by the UK footwear chain.

Tags: starts talks restructuring landlords

 

Guitar Center Mulls Restructuring with Creditors Taking Control

2020-10-26 21:35:00| National Real Estate Investor

The chain is considering available options to manage its debt load, including bankruptcy.

Tags: center control taking guitar

 

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