Restructuring news in the UK | Page 13

An overview of news, trends and research in Restructuring consulting in the UK:

Former KPMG Partner Richard Heis appointed to helm Steinhoff restructuring A former Head of Restructuring at KPMG has been appointed Chief Restructuring Officer of Steinhoff International.
07 March 2018
Moorfields and PwC appointed administrators, as Toys R Us and Maplin collapse UK high-street chains Toys R Us and Maplin have both collapsed into administration, citing growing debt and uncertainty relating to Brexit as key reasons behind their falls from grace.
05 March 2018
Begbies Traynor hired as Ultimate Foods administrator Cumbrian food producer The Ultimate Food Company has entered administration.
22 February 2018
UK phone maker WileyFox appoints Quantuma as administrator Following a catastrophic 2017 which saw numerous projects either delayed or jettisoned, British-based mobile phone maker WileyFox has entered into administration.
12 February 2018
EY to administrate Carillion as construction outsourcer collapses Controversial outsourcing firm Carillion has finally entered into administration, after extended please to lenders and the UK Government failed to prevent the company’s collapse.
16 January 2018
Professional services firms advise on majority stake in Riviera Travel Silverfleet Capital has confirmed it will take majority stake in escorted tours operator Riviera Travel.
20 December 2017
Corporate advisors consult on near $4 billion restructure of Ocean Rig Corporate and restructuring advisors from AlixPartners, Kalo Advisors, as well as legal experts from Orrick and Sidley, among others, were part of a team that successfully managed to restructure the
31 October 2017
Sainsbury's ups supermarket stakes with 2,000 job cut strategy As part of a £500 million cost-cutting plan, supermarket giant Sainsbury’s has announced that it will give 2,000 staff their marching orders.
25 October 2017
Bon-Ton taps AlixPartners to advise on turnaround efforts Bon-Ton has hired consulting firm AlixPartners to provide operational advice regarding its turnaround efforts, while restructuring advisory PJT consider refinancing of the company’s debts.
09 October 2017
With less crisis around, demand for chief restructuring officers stablises The number of industry experts predicting Chief Restructuring Officers gaining relevance has fallen for the first time in three years.
28 September 2017
Bain advising Italian Banca Carige over €1.2 billion bad debt Italian lender Banca Carige is considering a sale of the platform it uses to manage bad loans, according to sources familiar with the firm.
24 August 2017
A&M snaps up senior restructuring experts from Big Four Alvarez & Marsal has appointed two new senior executives from KPMG and EY to further expand the Restructuring practice the firm established earlier this year.
02 August 2017
UK HR leaders key to avoid mismanaged one-size-fits-all restructuring As business models are disrupted by technology and socio-demographic shifts, professional service firms specialising in HR management must bridge the gap between employees and executives for UK clien
18 July 2017
FTI Consulting buys US based restructuring consultancy CDG Group FTI Consulting has acquired CDG Group, a New York based consultancy specialised in restructuring services.
13 July 2017
Croatian government picks AlixPartners to advise on Agrokor restructuring AlixPartners have been selected as advisors for the restructuring of Croatian food-to-retail consortium Agrokor Group.
28 June 2017
Style Group Brands sold by KPMG administrators in bid to avoid mass layoffs The iconic womenswear retailers Style Group Brands, which ran into financial strife earlier this year, has been sold to a subsidiary of Calvetron Style Holdings for an undisclosed sum, in a deal advi
13 June 2017
Consultants continue to cash in on Irish bank liquidation bonanza The bill for liquidators and lawyers involved in the winding-down of the Irish Bank Resolution Corporation (IBRC), amounted to €215m in the 47 months leading to the end of 2016, according to a recent
23 May 2017
KPMG called in as joint administrator of Pulse Flexible Packaging Pulse Flexible Packaging, a Bury-based packing produce, has, following an operational snag, entered into administration.
07 April 2017
KPMG acts as joint administrator to Jones Bootmaker sale to Endless Iconic shoe retailer Jones Bootmaker will continue to operate in the UK, following the sale of the company to Endless, a UK-based private equity firm.
30 March 2017
Demand for restructuring services expected to increase in US and UK Restructuring activity in the US and other major economies is projected to increase in 2017.
20 February 2017
A&M promotes Jonathan Hickman to lead role in Restructuring arm Alvarez & Marsal has in the US promoted Jonathan Hickman to the role of co-Head of the firm's Restructuring division in the Southern Region.
19 December 2016
Administrations mostly ineffective, two thirds of UK businesses fail Just 10% of businesses going into Administration successfully come through the process, according to new research.
16 November 2016
Demand for restructuring and turnaround in Asia Pacific on the rise The economic slowdown in China, as well as global instability, low commodity prices and changing interest rates, means that corporates in the Asia Pacific region may find themselves in strife.
09 August 2016
Accelerated M&A strategy can navigate start-ups through period of stress Accelerated M&A can serve as a solution to the value paradox inherent in knowledge intensive start-ups, writes BDO partner Stuart Deacon.
07 July 2016
Business model disruption lifting demand for restructuring services Disruption to strategies and operating models is seeing a growing number of incumbents finding themselves in stress and crisis. The trend is sparking an increased demand for restructuring services.
16 June 2016
Kenya Airways turns to McKinsey for turnaround strategy Kenya Airways has turned to McKinsey & Company to draw up a restructuring plan in the face of considerable losses.
08 February 2016
Stage Entertainment hires Alvarez to review operations Musical company Stage Entertainment is undergoing a considerable reorganisation.
03 February 2016
Oliver Wyman to advise on sale of rescued Italian banks Following the collapse of four Italian banks due to a range of bad loans, special EU sanctioned tools were instantiated to deal with their bad debts and recapitalise them in an orderly manner.
02 February 2016
S&W completes Chelmsley Wood Shopping Centre sale Fordgate Midlands Properties went into administration when it could not pay the developer and project manager of the Chelmsley Wood Shopping Centre expansion.
29 January 2016
Taylor Wimpey signs 5-year contract renewal with CGI CGI has signed a new agreement with Taylor Wimpey.
21 January 2016
Advisors earned 153 million from Irish banking crisis Between 2008 and the 2014 external advisors, lawyers and consultants supporting the Irish banking crisis racked in €152.7 million in fees.
13 October 2015
Advisors collect 18 million from Imtech bankruptcy Last month engineering firm Imtech collapsed, sparking the largest bankruptcy ever in the Netherlands, and also one of the largest recent bankruptcies in the European engineering services industry.
28 September 2015

«
9
10
11
12
13
14

Out now!

Consultancy.org App

Improve your experience.

Now available in your app store.

AppStore

GooglePlay

About Consultancy.uk

Consultancy.org network

Consultancy.org network

Consultancy.org

Consultancy.org is the world’s premier online platform for the consulting industry with 12 websites globally. Consultancy.org works with 600+ leading consultancies in 100+ countries.

AppStore

GooglePlay