KPMG | Global news | Restructuring

An overview of KPMG global news:

United Kingdom

KPMG could rebuild restructuring business after sale Big Four firm KPMG is reportedly creating a new unit to advise on corporate restructurings, less than a year after selling the its UK insolvency advisory business for more than £350 million.
29 July 2021
Middle East

KPMG shares best practices for navigating financial distress In a bid to support GCC leaders in financial distress or facing its prospect, experts at KPMG recently hosted a webinar where they discussed a number of restructuring and turnaround best practices.
16 March 2021
United Kingdom

KPMG's UK restructuring arm rebrands as Interpath Advisory The UK wing of KPMG has signed an agreement with H.I.G. Europe to sell its UK restructuring practice.
05 March 2021
United Kingdom

Private equity moving in on KPMG's restructuring division The sale of KPMG UK’s restructuring arm is reportedly progressing at pace, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing.
11 January 2021
United Kingdom

KPMG appointed to historic silk company administration A silk company which has been trading in a Suffolk town for almost 250 years has gone into administration.
17 November 2020
United Kingdom

Harrogate Councillors call for KPMG report to be made public A local council is coming under pressure to make a report prepared by consultants from KPMG public.
05 November 2020
United Kingdom

Following Deloitte, KPMG explores sale of restructuring arm The UK arm of KPMG is reportedly mooting the sale of its restructuring arm, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing.
29 October 2020
United Kingdom

KPMG appointed by Caffe Nero to find savings KPMG is understood to be working with Caffe Nero to help the ailing chain negotiate rent cuts.
14 September 2020
United Kingdom

Liquidator KPMG withdraws Debenhams redundancy offer Liquidators from KPMG have been facing off with redundant Debenhams workers in Ireland, withdrawing the firm’s offered payment scheme after the retailer’s staff staged sit in protests across Ireland
11 September 2020
United Kingdom

Menswear retailer Moss Bros hires KPMG for restructuring UK menswear retailer Moss Bros is reportedly undergoing a restructuring process, as it struggles to recoup losses over 2020.
08 September 2020
Singapore

KPMG finds 200 dodgy transactions at oil trader ZenRock Supporting a police investigation into charges filed by HSBC, KPMG has found more than 200 questionable transactions in the trade and financial activities of Singapore-based oil and commodities giant
15 July 2020
United Kingdom

Quiz appoints KPMG for restructuring Fashion retailer Quiz has tapped KPMG administrators to restructure its store portfolio.
25 June 2020
United Kingdom

Croydon Park Hotel appoints administrators from KPMG The Croydon Park Hotel has appointed administrators from KPMG, after the coronavirus pandemic significantly weakened its cash position.
19 June 2020
United Kingdom

KPMG sells Dawsons Music out of administration Professionals from KPMG have overseen the rapid sale of a UK music retailer out of administration, saving 75 jobs in the process.
10 June 2020
United Kingdom

KPMG appointed to oversee Joe Media administration Joe Media, the parent company of social news website Joe.co.uk, has appointed administrators from KPMG.
05 June 2020
Saudi Arabia

Restructuring in Saudi Arabia: Imperative or an opportunity? Regardless of which school of economics you belong to, the consensus in the 21st century is that the economic prospects of a country lie primarily in its ability to offer entrepreneurs and business o
06 May 2020
United Kingdom

KPMG appointed administrator to Central Building Contractors KPMG has been installed to oversee the administration of a Glasgow headquartered construction company.
04 May 2020
United Kingdom

Pure Collection appoints administrators from KPMG KPMG professionals Howard Smith and Will Wright have been appointed joint administrators of cashmere brand Pure Collection.
14 February 2020
United Kingdom

Beales poised for administration after KPMG review Around 1000 jobs have been placed at risk, as department store Beales has warned it could collapse into administration without a new owner.
14 January 2020
United Kingdom

KPMG tasked with restructuring of construction group Clugston Construction outsourcing firm Clugston Group has appointed administrators from KPMG, resulting in the laying-off of some 150 staff.
12 December 2019
South Africa

KPMG SA continues efforts to rebuild its reputation KPMG has made yet another push towards rebuilding its profile in the South African market, through the appointment of two new Independent Directors to its board.
09 December 2019
United Kingdom

Scottish haulage firm appoints KPMG administrators Corporate Road Solutions 24:7, a company based in West Lothian, has collapsed into administration, appointing KPMG to oversee proceedings.
18 November 2019
United Kingdom

Toto Energy appoints KPMG for administration Brighton-based Toto Energy has collapsed, appointing KPMG as its administrator. The firm previously supplied gas and electricity to approximately 134,000 customers throughout the UK.
13 November 2019
United Kingdom

KPMG appointed to oversee Watt Brothers administration A family-run retailer has collapsed after more than 100 years in business, seeing almost 300 jobs lost across Scotland.
30 October 2019
United Kingdom

KPMG oversees Lingerie Outlet Store administration Joint administrators from KPMG’s restructuring sector have sold the majority of ecommerce firm Lingerie Outlet Store, safeguarding 26 jobs in Wiltshire.
25 October 2019
United Kingdom

KPMG appointed for Eversmart Energy administration Manchester-based Eversmart Energy has appointed KPMG to oversee its administration.
30 September 2019
United Kingdom

KPMG to oversee Northern manufacturer administration The fallout from a serious fire in 2016 has eventually seen Northern manufacturer Total Polyfilm collapse into administration, costing the region more than 200 jobs.
27 September 2019
Europe

Thomas Cook restructuring led by AlixPartners and KPMG On Monday the long expected bankruptcy of British airline Thomas Cook finally came into force.
25 September 2019
United Kingdom

KPMG oversees administration of Malvern Group KPMG has been appointed as administrator for Super Break and LateRooms parent Malvern Group.
27 August 2019
United Kingdom

FRP replaces KPMG as Patisserie Valerie administrator Following the emergence of conflicts of interest relating to Grant Thornton, the creditors of collapsed café chain Patisserie Valerie have dropped KPMG as administrators.
30 July 2019
United Kingdom

KPMG to help embattled Jack Wills ‘assess all options’ Advisory firm KPMG is set to work with Jack Wills on a possible restructuring, amid talk of a cash crisis at the retailer.
17 July 2019
United Kingdom

KPMG administrators installed as Jamie's Italian collapses A restaurant chain belonging to celebrity chef Jamie Oliver has become the latest casualty of the UK’s sustained casual dining crunch.
23 May 2019

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