Restructuring

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  • Newswire

    REFILE-Dutch sportscar maker Spyker declared bankrupt  

    (Refiles to correct typo in company suffix in paragraph 3) AMSTERDAM, Dec 18 (Reuters) - Dutch sportscar maker Spyker , one-time owner of Sweden's Saab, declared bankruptcy on Thursday, after failing to secure a critical bridging loan it had hoped would help it refinance and restructure. The company, formed in 2000 to resurrect an early 20th century Dutch auto marque, had filed for protection from creditors earlier this month, hoping to stave off collapse....More
  • Newswire

    TRW Shareholders OK Takeover by ZF  

    Of the 81% of shareholders controlling TRW's equity capital, 79% approved the $12.4 billion takeover by ZF, another major automotive supplier....More
  • Newswire

    Ford Romania Laying Off 20% of Staff in 2015  

    The U.S. automaker cites a weak European market in preparing to lay off 680 people at its Romanian division, which has produced the B-Max multipurpose vehicle since 2013....More
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