corporate restructuring

Geneva – October 02, 2026 -- The employee partnership owning Gunvor Group Ltd has voted to rename the company Centalion Group Ltd and relocate its corporate headquarters from Cyprus to Singapore, marking the next phase after a December 2025 management buyout.

Partnership referendum backs new brand after six-month review

The name change followed a full partnership referendum in July 2026, preceded by six months of employee engagement and market-positioning research conducted by brand specialist Landor. Gary Pedersen, Chairman and CEO of Centalion, said the move reflects "one team, moving together, at the heart of the global energy markets," framing it as a step taken from a position of commercial strength rather than necessity.

Alpharetta, Ga. – October 01, 2026 -- Kawneer Company, Inc. has appointed Kate Anderson as Chief Executive Officer and Timothy Montz as Chief Financial Officer, marking a critical step in the architectural aluminum manufacturer's transition to an independent operating company under continued ownership by funds managed by Apollo.

Kawneer targets full separation from parent structure by 2027

The leadership overhaul is tied to a transition process expected to span the next year, with Kawneer becoming a standalone operating entity by 2027 while remaining under the ownership of the Apollo Funds. The company is building out a fully independent operating system to support the shift, including a dedicated team structure aimed at customer support and long-term growth.

Vancouver and Glil Yam, Israel – September 24, 2026 -- IM Cannabis Corp. (Nasdaq: IMCC) has regained compliance with Nasdaq's minimum bid price rule, closing a deficiency matter that had threatened its listing status on the exchange.

Nasdaq confirms compliance after 18-day trading streak

The company received written notice from Nasdaq Stock Market LLC on September 24, 2026, confirming it met the $1.00 minimum bid price requirement under Listing Rule 5550(a)(2). The determination followed 18 consecutive business days, from August 27 to September 24, 2026, during which the closing bid price of IMC's ordinary shares stayed at or above $1.00.

Las Vegas – September 22, 2026 -- Hyperscale Data, Inc. (NYSE American: GPUS) is moving to spin off its Bitcoin mining operations into a new subsidiary, Patriot BTC, separating the business from the company's Michigan AI data center strategy.

Patriot BTC would initially hold Montana data center and mining fleet

Under the proposed structure, Hyperscale Data intends to transfer all operating assets tied to its cryptocurrency mining business to Patriot BTC. These include the company's Montana data center and related infrastructure, along with its Bitcoin miners, mining equipment and associated mining infrastructure.

Hamilton, Bermuda – September 18, 2026 -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) has signed definitive agreements to sell its 51% equity interest in Mexican joint ventures Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V. and Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (together, "Perfomex") to its long-standing local partner.

Local partner takes full ownership of Perfomex and rig operations

Once the deal closes, Borr's partner becomes sole owner of Perfomex and takes over management of the jack-up rigs Galar, Gersemi and Njord, which currently work under contract with PEMEX. Borr Drilling will retain title to all three rigs and continue earning from the underlying PEMEX contracts through bareboat charter agreements, with economics expected to remain largely unchanged from the current setup.

Indianapolis – – September 18, 2026 -- Corteva, Inc. (NYSE: CTVA) has rejected an attempt by a coalition of State Attorneys General, including California, to block its planned corporate separation, calling the underlying PFAS liability claims "speculative and unproven."

State Attorneys General seek to halt split without pending PFAS trials or judgments

Corteva confirmed that no state petitioning for the injunction holds a judgment against the company related to PFAS liability, nor is any trial currently scheduled. The company stated it has never manufactured, sold, or traded PFOA or PFOS products during its seven-year corporate history.

Indianapolis – September 17, 2026 -- Corteva's Board of Directors has approved the separation of the company's seed operating segment into a new independent, publicly traded entity, Vylor Inc., with the stock distribution scheduled for October 1, 2026.

Board declares pro rata stock dividend of Vylor shares

Corteva stockholders of record as of the close of business on September 24, 2026, will receive one share of Vylor common stock for every Corteva share held. Any fractional shares will be settled in cash, and the distribution is intended to be tax-free to Corteva stockholders for U.S. federal income tax purposes, excluding cash received for fractional shares.

Wilmington, Del. – September 17, 2026 -- The U.S. Bankruptcy Court has disqualified law firm HSF Kramer from representing Pleasants Power Station in its Chapter 11 proceedings, sustaining conflict-of-interest objections raised by Omnis Fuel Technologies and the Office of the United States Trustee.

Elkhart, Indiana – September 17, 2026 -- THOR Industries (NYSE: THO), the world's largest recreational vehicle manufacturer, has consolidated its North American RV operations under a single leadership structure, effective immediately.

Ken Walters becomes President of all North American RV operations

Walters, previously President of Jayco and leader of the Jayco and Tiffin Motorhomes group, now oversees coordination across all of THOR's North American operating companies. He reports directly to THOR executive management in Elkhart.

THOR restructures into three distinct operating groups

The company will now operate through three units: North American RV, European, and Supply. The move follows a two-quarter evaluation period during which THOR's leadership determined that unified coordination across all North American RV entities would deliver benefits on a faster timeline than the previously announced two-group model.

Xiamen – September 16, 2026 -- Pop Culture Group Co., Ltd (NASDAQ: CPOP) will consolidate its ordinary shares at a 15-for-1 ratio effective September 16, 2026, cutting its Class A Ordinary Shares outstanding from 14,069,656 to approximately 937,978.

Nasdaq-listed shares consolidate at 15-for-1 ratio starting September 14

The Xiamen-based entertainment company confirmed the share consolidation applies uniformly across its Class A, Class B and Class C ordinary shares, each carrying a par value of US$0.1. Post-consolidation trading begins at market open on September 16, 2026, with Class A shares continuing under the ticker "CPOP" but under a new CUSIP number, G71700135.