bitcoin ownership is restructuring.4.8M BTC now held by major players vs 500K sold by early whales.14.7M BTC untouched. ...

Ethiopia agreed a memorandum of understanding to restructure its loans with official creditors, formalizing a debt treatment plan offering relief for more than $3.5 billion https://t.co/5ZDBRfFizD ...

Core Insights - FEMSA has completed the divestiture of a significant portion of its logistics operations under the Solistica brand to Grupo Traxión for 4,040 million Mexican pesos, marking a strategic realignment in its portfolio [1][8] - The transaction includes FEMSA's transportation management and contract logistics operations in Mexico, Colombia, and Brazil, excluding its less-than-truckload operations in Brazil [2][8] - This divestiture aligns with FEMSA's long-term goals of portfolio optimization and enhancing its focus on high-margin retail and beverage operations [3][4] FEMSA Forward Strategy - The divestiture is part of the FEMSA Forward strategy initiated in early 2023, aimed at driving long-term value across core business units while exploring alternatives for non-core assets [4] - FEMSA has streamlined its portfolio by reducing its stake in Heineken, merging Envoy Solutions with BradyIFS, and selling its refrigeration and food service equipment businesses [4] - The restructuring allows FEMSA to redeploy capital towards high-growth areas, particularly in its Retail division, including the expansion of its OXXO convenience store network [5] Digital and Fintech Growth - FEMSA is scaling its digital and fintech platforms, with its digital wallet, Spin by OXXO, and loyalty program, Spin Premia, achieving 13.8 million and 55.7 million active users, respectively [6] - Spin by OXXO has been fully authorized as a fintech in Mexico, positioning FEMSA to enhance customer engagement and cross-platform synergies [6] Challenges and Market Conditions - Despite strategic progress, FEMSA faces challenges such as soft consumer demand in Mexico, leading to declining store traffic and margin compression in its Proximity Americas segment [7] - Broader cost pressures from inflation and rising labor expenses are impacting profitability across key divisions, including Proximity Europe and Coca-Cola FEMSA [7] - Increasing competitive intensity and reliance on Coca-Cola trademark products pose risks to sustainable margin expansion and earnings visibility [7]

Core Viewpoint - AYR Wellness Inc. has confirmed that it did not make the interest payment due on June 30, 2025, related to its outstanding senior notes, which could lead to an event of default if not resolved by July 30, 2025 [1][3]. Group 1: Financial Situation - The company is currently restructuring its debt profile and is in discussions with the holders of a majority of its outstanding notes to explore capital structure alternatives [2][3]. - The missed interest payment is not expected to cause operational challenges for the company [3]. Group 2: Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator, with over 90 licensed dispensaries and a range of cannabis consumer packaged goods (CPG) brands [5]. - The company aims to deliver high-quality cannabis products while positively impacting its team members and the communities it serves [5].

Statement Regarding the Unaudited Annual Financial Results of 2024 Material event 2025 07 01 As previously announced in the Company's statement dated June 20, 2025, AUGA group, AB, code 126264360, address Konstitucijos pr. 21C (hereinafter – the Company), is providing a summary of key financial data for the period ended 31 December 2024. The Company notes that the audit procedures are currently ongoing and are not yet completed, therefore published results are unaudited and may be adjusted if corrections ar ...

Core Insights - Chevron Corporation (CVX) is shutting down its Aberdeen office in Scotland, marking the end of over 50 years of operations in the North Sea, as part of a restructuring initiative aimed at reducing costs by billions [1][2][4] Group 1: Strategic Shift - The closure of the Aberdeen office is part of Chevron's broader exit strategy from the UK North Sea, which is characterized by aging assets that do not meet profitability benchmarks [3][12] - Chevron aims to cut expenses by up to $3 billion by the end of 2026 and plans to reduce its global employee base by up to 20% [4][11] - The company is shifting its focus to high-margin, scalable assets in regions like the Permian Basin, Guyana, and Australia, which offer lower operational costs and higher returns [5][11] Group 2: Economic Impact - The exact number of employees affected by the Aberdeen closure has not been disclosed, but the impact on the local economy and workforce is expected to be significant [6] - The closure may trigger ripple effects across the supply chain, affecting contractors, service providers, and logistics companies reliant on Chevron's operations in the region [7] Group 3: Historical Context - Chevron has been a key player in the UK North Sea for over 55 years, contributing to the region's development into a global oil and gas powerhouse [8] - The company has pioneered advanced offshore drilling technologies, setting industry benchmarks for resource extraction [9] Group 4: Future Outlook - Despite the closure in Aberdeen, Chevron will maintain its corporate presence in London, which will serve as the primary UK base of operations [14] - The exit from Aberdeen may open opportunities for sustainable growth in offshore wind and carbon capture in the region [16] - The decision reflects a calculated corporate realignment towards disciplined capital management and strategic portfolio optimization [17][18]

Core Insights - Golden Triangle Ventures, Inc. has completed a significant restructuring of its legacy debt obligations and capital structure, enhancing its financial position and supporting long-term growth [1][3] - The company has executed an agreement with a third-party investor to acquire over $7 million in outstanding debt instruments from its largest creditor, T&K Zarro, LLC [2][3] - A fixed price repurchase right has been secured, allowing the company to reacquire the full balance of the notes for $4 million, representing a significant discount [2] Financial Restructuring - The transaction involved the transfer of five outstanding debt instruments, simplifying the company's balance sheet and establishing a more manageable debt profile [2][3] - The restructuring is expected to create a foundation for disciplined growth and enhanced shareholder value [3] Company Overview - Golden Triangle Ventures operates as a multifaceted consulting company focused on health, entertainment, and technology sectors, aiming to acquire and develop a diversified portfolio of companies [5][6] - The company emphasizes vertical integration to cut costs and maximize margins, providing necessary resources for subsidiaries to generate profit [6][8] Business Model - The business model includes acquisitions, asset management, and investment in high-value opportunities, complemented by a hands-on approach to strategic planning [8][10] - The company also offers professional corporate representation services and consulting for various business development objectives [6][9]

SUQIAN, CHINA - MAY 9, 2025 - An illustration photo shows the Wolfspeed LOGO displayed in a ... More smartphone in Suqian City, Jiangsu Province, China on May 9, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty ImagesWolfspeed stock (NYSE:WOLF) surged nearly 100% during after-hours trading on Monday, June 30, following the silicon carbide semiconductor firm’s filing for Chapter 11 bankruptcy protection, indicating a significant shift in its restructu ...

Malaysian oil and gas contractor Sapura Energy's restructuring plan to restore financial stability is entering its “final stages,” according to the company’s first-quarter earnings statement https://t.co/gCxBrKV5XQ ...

China Real Estate Equities Debt detox III: The dawn of turning the tide China More good news from the second round of debt restructuring. On 4 June, CIFI announced the approval of its offshore debt restructuring scheme, which involves debt reduction of USD5.3bn or a 66% haircut to offshore debt. Country Garden and Logan also revised their restructuring proposals to facilitate the progress in early- June. With progressive housing delivery supported by whitelist, we think creditors are restoring confidence in ...