The Latest Breaking News from AlixPartners

Companies haven't been this risk-averse since the pandemic started.

Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild movie-theater attendance from pandemic lows, according to people familiar with the matter.

As demand for a product grows and materials become scarce or difficult to acquire, prices rise. Research puts the average price of a new EV at $54,000.

A consulting firm is warning Wall Street that an expected growth in profits for the automotive industry in 2023 may not come to fruition even as volumes increase from an extended semiconductor shortage.

Research by consultants CGA and AlixPartners found that 106,000 pubs, restaurants and other licenced premises have been closed since the start of the Covid pandemic

The global auto industry just can't catch a break: automobile wire harnesses made on picnic tables because of a war in Ukraine, semiconductor plants halting production from an earthquake in Japan and backed-up ports in China amid rising COVID-19 cases are straining vehicle supply chains — again.

New York-based Teneo said on Monday it was launching a financial advisory business in the Middle East. The company has hired restructuring veterans Matthew Wilde and Elie Fakhoury from AlixPartners, it said, Reuters reported. Wilde was involved in the restructuring of Dubai builder Arabtec and hospital operator NMC healthcare, while…