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Weatherford

The proposed restructuring will reduce the firm’s funded debt from roughly $8.35 billion to $2.5 billion, according to the disclosure. Debt holders will receive about a 99% stake in the company that emerges from Chapter 11, according to the filing Read more

Commodities

Bankruptcy Chapter 11

CANON

Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses. Read more

M&A/Investment

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