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Tate & Lyle unveils restructuring plans

2015-04-21 11:48:00| Food - Topix.net

Food ingredients maker Tate & Lyle is set to implement a restructuring process, which will see the company leave the majority of its European bulk ingredients business and make changes to its Splenda sucralose division. The FTSE 250 group said it will receive 240m from Archer Daniels Midland, after agreeing to exit bulk ingredients plants in Bulgaria, Turkey and Hungary that are operated by both groups as part of a European corn wet-milling joint venture.

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Li Ka-shing's conglomerates move closer to complete restructuring

2015-04-20 21:59:28| Real Estate - Topix.net

Hutchison Whampoa Ltd, controlled by Asia's richest man Li Ka-shing, and CK Hutchison Holdings Ltd said on Monday their shareholders have approved their reorganisation proposal, bringing it a step closer to completion. HONG KONG: Hutchison Whampoa Ltd, controlled by Asia's richest man Li Ka-shing, and CK Hutchison Holdings Ltd said on Monday their shareholders have approved their reorganisation proposal, bringing it a step closer to completion.

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SAA restructuring: Uasa vows to fight cuts

2015-04-17 12:25:12| Airlines - Topix.net

South Africa's Uasa union "will take a stand against" any restructuring at cash-strapped South African Airways if it leads to job losses, spokesman Willie van Eeden said on Friday.

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How PPG's restructuring will impact its workforce

2015-04-17 00:07:59| Chemicals - Topix.net

On Thursday, Pittsburgh-based PPG announced it will undergo a business-related restructuring program that will include a reduction in employment and capacity. Overall, PPG said the actions taken are expected to impact less than four percent of the company's global workforce of about 46,100 people.

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PPG announces restructuring program

2015-04-16 19:13:39| Chemicals - Topix.net

PPG Industries Inc. announced Thursday is will undergo a business-restructuring program that the company said will include actions necessary to achieve cost synergies related to recent acquisitions. PPG Industries Inc. announced Thursday it will undergo a business-restructuring program that will include a reduction in employment and production capacity.

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