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Recent Articles

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Rite Aid confirms location of 167 stores that it will shut down due to bankruptcy restructuring

Creditor funds take control of Celsa, appoint DS Smith executtive Jordi Cazorla as new CEO, prepare to restructure; each of key investors Attestor and Deutsche Bank holds 20% of company, while each of Cross Ocean, SVP, Anchorage, GoldenTree holds 12.5%

Grigeo board approves restructuring to boost efficiency, with plans to separate its current tissue paper business to a wholly-owned subsidiary, and combining its management with the factory to be acquired in Poland; changes will be implemented in H1 2024

Rite Aid moves to block pending opioid lawsuit that it says is impacting efforts to restructure in bankruptcy; lawsuit accuses company of ignoring red flags, illegally processing prescriptions for opioid medications

Origin Materials announces restructuring to focus on immediate high-revenue opportunities, deferring some research programs; company to reduce workforce by about 30%

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