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Restructuring and Recapitalization

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  • Amplats to sell strike-hit South African mines

    JOHANNESBURG (Reuters) - World number-one platinum producer Anglo American Platinum is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable.
  • US Airways workers approve contract with American Airlines

    FORT WORTH, Texas US Airways mechanics and ground workers have approved a three-year contract with American Airlines. The contract, which covers 11,000 workers represented by the International Association of Machinists, includes furlough protection and...

    AbbVie to buy drugmaker Shire for $55 billion

     AbbVie to buy drugmaker Shire for $55 billion
    AbbVie Inc. signed a nearly $55 billion deal to acquire drugmaker Shire PLC early Friday, a move that will allow it to substantially cut its corporate tax bill by moving its legal address to the United Kingdom. The deal, announced by both companies in a...

    Global airline CEOs upbeat on revenue growth prospects: survey

    (Reuters) - Airlines are confident that their industry will boost revenue over the next year and consider joint ventures a more viable growth driver than mergers, a PricewaterhouseCoopers survey of nearly 40 chief executive officers at carriers...

    Fiat Chrysler denies report of merger talks with VW

    By Andreas Cremer and Agnieszka Flak BERLIN/MILAN (Reuters) - Fiat Chrysler has denied a magazine report saying it's in merger talks with Volkswagen , while the German carmaker said it had no takeovers on its agenda. Germany's Manager Magazin said on...