Deloitte | Global news | Restructuring

An overview of Deloitte global news:

United Arab Emirates

Middle East | United Arab Emirates

KBBO Group restructuring receives creditor and court approval A plan to restructure Abu Dhabi-based investment firm KBBO Group and its hospital unit has received court approval following months of negotiations.
18 September 2023
Saudi Arabia

Middle East | Saudi Arabia

Deloitte helps Saudi construction group Al Harbi with restructuring One of Saudi Arabia’s largest construction engineering groups, Al Harbi Trading and Contracting Company, has taken a next step in its multi-year financial restructuring process.
01 August 2022
Saudi Arabia

Middle East | Saudi Arabia

Advisors celebrate approval of Azmeel’s financial restructuring plan Saudi Arabia's Azmeel Contracting & Construction Corporation has received court approval for its proposed 7.73 billion riyal ($2.
25 February 2022
Australia

Oceania | Australia

Deloitte wins prestigious international award for Virgin turnaroaund The global Turnaround Management Association has lauded Deloitte for its work in saving Virgin Australia, the first time an Australian organisation has received the top honour.
22 September 2021
France

Europe | France

Bercy selects 22 consultancies for restructuring framework agreement The French ministry of Economy and Finance – also known as ‘Bercy’ – has appointed over twenty consulting firms to its national framework agreement for restructuring and turnaround services.
23 February 2021
Australia

Oceania | Australia

Consultants to restructure News Corp's Australian newspapers News Corp Australia, the parent of major newspapers and Fox Sports Australia, has hired consultants from Deloitte Consulting to help the company restructure its newspaper division.
06 May 2020
Australia

Oceania | Australia

Virgin Australia hires Deloitte for voluntary administration Australia’s second largest airline, has appointed Deloitte for a voluntary administration, having been effectively grounded by the coronavirus.
20 April 2020
Australia

Oceania | Australia

Deloitte and Moelis complete sale of collapsed Axsesstoday SME lender Axsesstoday has been sold out of danger, following a voluntary administration process overseen by Deloitte and advisors from Moelis & Company.
25 September 2019
Australia

Oceania | Australia

Deloitte managing wind-down of Karen Millen in Australia The Australian wing of UK fashion outlet Karen Millen has appointed administrators from Deloitte to oversee its winding down.
16 September 2019
United Arab Emirates

Middle East | United Arab Emirates

Expert consultants to speak at corporate restructuring event in Dubai The Corporate Restructuring Summit is set to return to Dubai next month, with consultancies Roland Berger, Deloitte and Kroll among the event partners.
14 August 2019
India

Asia | India

Deloitte reveals trouble in the finances of tea producer McLeod Russel Global professional services firm Deloitte has indicated that its client McLeod Russel is unlikely to remain operational if its efforts for loan restructuring do not come to fruition.
03 July 2019
Asia

Asia | Regional

Deloitte and KPMG make risk and insolvency acquisitions in Australia Two of the Big Four have made purchases in Australia, with Deloitte acquiring Sydney-based risk consultants Converging Data Australia, and KPMG picking up insolvency outfit Ferrier Hodgson.
15 March 2019
Algeria

Africa | Algeria

BCG and Big Four compete for large consultancy contract at Sonatrach Public oil company Sonatrach has launched a competitive tender process for consultancy services in the area of financial management and restructuring.
13 December 2017
India

Asia | India

Creditors in India hire consultants for bankruptcy proceedings Creditors in India, including the country’s biggest lender State Bank of India (SBI) have hired top consultancy firms such as PwC, KPMG, EY, Deloitte and others at highly generous terms to assist wit
13 July 2017

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