Keywords: Restructuring
The future of French glassware manufacturer Duralex has entered a new phase as three prospective buyers have formally submitted takeover bids, setting the stage for a competitive process aimed at preserving one of France's most recognizable industrial brands. The list of candidates includes two......
Europe's largest bicycle manufacturer, Accell Group, has entered insolvency proceedings in the Netherlands after failing to secure a long-term solution to its financial difficulties, marking a major setback for one of the continent's most prominent cycling companies. The move comes after months......
Maison Pommery has ended exclusive negotiations with German sparkling wine producer Henkell after the two companies failed to reach an agreement on a proposed majority investment that could have reshaped the global premium sparkling wine market. The discussions, which had continued for several months,......
Dutch brewing giant Heineken has eliminated approximately 3,000 jobs during the first half of 2026 as part of a global restructuring programme aimed at improving efficiency, while reporting a double-digit increase in net profit. The world's second-largest brewer, behind AB InBev, said the workforce......
Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Egypt, strengthening its position in one of the Middle East and North Africa region's largest banking markets. The transaction will be carried out through Emirates NBD Egypt, the Dubai-based banking group's......
French supermarket group Casino posted improved profitability during the first half of 2026, signaling continued progress in its financial recovery despite the challenges of a significant debt burden. The retailer also recorded a modest increase in second-quarter sales, reinforcing signs that its operational......
French technology consulting and digital services group Capgemini has upgraded its revenue outlook for 2026, pointing to accelerating demand for agentic artificial intelligence solutions despite a sharp decline in first-half profit caused by restructuring costs. The revised forecast reflects growing......
German automaker BMW is preparing to reduce its workforce by around 8,000 positions by the end of 2027 as part of a voluntary departure program agreed with employee representatives. The measure comes as the luxury car manufacturer faces weaker demand in key markets and growing pressure to improve efficiency. According......
Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction......
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