All articles tagged with #financial agreement
David Geffen and his estranged husband David Armstrong have reached a financial and legal agreement to end their marriage, with details on property and income disclosures to be finalized, marking a step towards finalizing their divorce.
French IT company Atos has secured $1.82 billion in funding through a lock-up agreement with over 50% of its creditors to restructure its debt. The company also obtained interim financing of 800 million euros to maintain liquidity until the restructuring is completed, expected by early 2025. Atos' shares rose by 10% following the announcement.
Tupperware Brands Corp.'s stock surged over 90% in after-hours trading after the company announced a debt restructuring agreement with its lenders. The agreement includes reducing interest and fees, extending the maturity of debt facilities, and accessing additional borrowing capacity. Tupperware aims to improve its financial position and continue its turnaround efforts. The company had previously issued a going-concern warning and is currently restating its financial statements. Despite recent stock gains, Tupperware should not be considered a meme stock.