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Recent Articles

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Fitch withdraws Unilever's ratings after affirming its A rating with stable outlook, ahead of planned separation of ice cream segment by end-2025; ice cream spinoff expected to be neutral to company's credit profile, result in more streamlined group

Fitch affirms Berry Global's issuer default rating at BB+ with stable outlook, expects its debt reduction strategy to bolster company's balance sheet, supported by free cash flow generation and Home, Health and Hygiene segment's spinoff proceeds

Butterfly announces separation of its portfolio company Bolthouse Farms into two standalone entities: Bolthouse Fresh Foods and Generous Brands; Butterfly acquired Bolthouse Farms from Campbell Soup in 2019

Dominari Securities CEO Kyle Wool predicts IPO boom in 2024, highlights big names like Databricks, SpaceX's Starlink; Wool also opines there won't be any rate cut before November election, which will prompt big investment banks to unleash their 'unicorns'

Vedanta Ltd is nearing approval from lenders for a demerger, ending a seven-month deadlock over $7.0B worth of debt allocation; the proposed demerger will create six separate listed entities and could conclude by early June

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