AIGRO

Restructuring · EMEA

Castellum plans share buybacks of up to SEK 8b funded mainly by property sales, alongside a 15% cut in administration costs and a streamlined regional structure, while leasing is weak and property values have fallen.

Restructuring · EMEA

UK PRA, under new chief Katharine Braddick, is creating a new unit to act as a centre of excellence for operational and cyber resilience, alongside a broader 10-year strategy and an SM&CR overhaul estimated to save firms £2bn.

Restructuring · EMEA

McCain Foods is reworking its UK manufacturing production, with plans that could lead to job losses.

Restructuring · EMEA

Condé Nast's UK arm saw pre-tax profits excluding exceptional items fall 36% (from £28m to nearly £18m) in the latest year. The publisher cites a restructuring bill, and the owning family has ruled out a sale of the group.

Restructuring · EMEA

French pari-mutuel horse racing operator PMU is undergoing state-backed restructuring under the Pacte PMU 2030 plan, with GGR down for a third straight year (-5.8% to EUR 782m in H1 2026) and sector contributions cut to EUR 725m in 2026 from EUR 802m.

Restructuring · EMEA

Onafriq is winding down Baxi, its Nigerian offline agent banking business, after five years, citing inflation, naira depreciation, margin pressure and shifts to instant account-to-account payments. Company continues in Nigeria as a Payment Solution Service Provider focused on payments network and card issuing.