Papaya Gaming

Restructuring · Americas

Greif completed its $100M run-rate cost reduction a year early, raised the target to $150M by end of fiscal 2027, and is shutting its Sweetwater mill to exit coated recycled board, following earlier containerboard and timberland divestitures.

Restructuring · Americas

Nasdaq-listed bitcoin miner Keel Infrastructure (formerly Bitfarms) sold its entire BTC reserve and is converting power sites into HPC/AI data centers, starting build-out in Moses Lake, Washington, with first HPC revenue expected in 2027. Revenue fell 59% and no lease has been signed yet.

Restructuring · Americas

EYM Diner, a 30-unit Denny's franchise operator, filed for Chapter 11 bankruptcy. It is the latest in a series of bankruptcies affecting former Pizza Hut and Panera operator EYM Group.

Restructuring · Americas

Smithfield signed a supply agreement to cut its internal hog production by 900,000 head per year, shifting live-animal farming to external partners while retaining processing volume, amid hog oversupply and margin pressure.

Restructuring · Americas

Cerca Trova (operating as Out West Restaurant Group), a large Outback Steakhouse franchisee with 61 restaurants across five western US states, filed Chapter 11 in the District of Delaware to sell most of its assets. It also moved to reject leases on 10 restaurants closed in October 2026 that operated at a loss.

Restructuring · Americas

Nutrien missed third-quarter profit estimates and plans to shut its White Springs fertilizer operation in 2027.