Asset Restructuring Companies
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Ubisoft Splits Into Five Creative Units, Cancels Six Games as Part of 'Major Reset'
Ubisoft has announced a "major reset" of its organisation, operation, and portfolio as part of its efforts to cut cost and streamline development. The company is setting up five creative houses, including the recently launched Vantage Studios, to handled specific franchises and genres. Ubisoft also announced it was cancelling six games, including t...
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Cryptocurrency Firm Genesis’s Lending Unit Files for Bankruptcy as Crypto Sector Crisis Deepens
Genesis has filed for bankruptcy in the Southern District of New York. The company has liabilities and assets, both in an undisclosed range between $1 billion (roughly Rs. 8,120 crore) to $10 billion (roughly Rs. 81,200 crore). As part of its next line of action, Genesis aims to raise capital by launching a marketing and sale process to monetise i...
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Ubisoft Splits Into Five Creative Units, Cancels Six Games as Part of 'Major Reset'
Ubisoft has announced a "major reset" of its organisation, operation, and portfolio as part of its efforts to cut cost and streamline development. The company is setting up five creative houses, including the recently launched Vantage Studios, to handled specific franchises and genres. Ubisoft also announced it was cancelling six games, including t...
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Cryptocurrency Firm Genesis’s Lending Unit Files for Bankruptcy as Crypto Sector Crisis Deepens
Genesis has filed for bankruptcy in the Southern District of New York. The company has liabilities and assets, both in an undisclosed range between $1 billion (roughly Rs. 8,120 crore) to $10 billion (roughly Rs. 81,200 crore). As part of its next line of action, Genesis aims to raise capital by launching a marketing and sale process to monetise i...
