User blog:Ootwar/Qualis slims down

NOVEMBER 28, 2018 - NEW YORK CITY

Recently, Qualis announced to start restructuring, set to end January 30, 2019. These are announced changes:


 * Afrabcom will officially close operations in Niue, Solomon Islands, Timor-Leste, Mongolia, Marshall Islands, New Caledonia, Laos, French Polynesia, Tuvalu, Angola, Djibouti, Eritrea, Ethiopia, Lebanon, Oman, Somalia, Kyrgyzstan, Brunei, Monaco, Giblatar, Greenland, Faroe Islands, Andorra, Azerbaijan, Federated States of Micronesia, American Samoa, Norfolk Island, Comoros, Palau, Togo
 * Salvonic Lifestyle Group will sell off Seriously Financial Services's non-banking services and non-US operations, Laserium Bank's non-US operations, Checkmasters's operations in Australia, Canada, New Zealand, the Philippines, and the MyCheckmastersOnline & Checkmasters Express brands; to a consortium consiting of Cerberus Capital Management, Mitsubishi UFJ Financial Group, Barclays, BNP Paribas, Deutsche Bank, Banco Santander, ING Group, UniCredit, HSBC, UBS, Nordea, Rabobank, Danske Bank, Bradesco, DBS Bank, Royal Bank of Scotland and State Bank of India.
 * Laserium Bank's remaining business in the USA and the remainings of Seriously Financial Services will merge to form Seriously Bank
 * Laserium Healthcare's US operations will be sold to CVS Health, while the UK operations were sold to Virgin Care
 * The rest of the company will be spun off (with production facilities in Fajardo, Puetro Rico, formerly owned by Warner-Chilcott) into Laserium Health LLC - a 50/50 joint venture with KKR
 * Irish Health Company will be closed and its assets will be sold off to GSK, Takeda, Novartis and Pfizer.
 * Benri's stores, offices, vending machines and fuel stations, with Salvonic Lifestyle Group's own stores, in Lebanon, Jordan, Malaysia, South Korea, Turkey, France, Indonesia, Bahrain, Costa Rica, Honduras, United Arab Emirates, Lithuania, Taiwan, China, Slovakia, Portugal, Austria, Belgium, Namibia, Serbia, Slovakia, Slovenia, Czech Republic, Morocco, Dominican Republic, Oman, Argentina, Brazil, France, Romania, Monaco, Portugal, Spain, Poland, Germany, Greece, the Netherlands, Bulgaria, Ireland, Switzerland, Denmark, Luxembourg, Russia, Hungary and Italy; with the brands Tesco Homeplus, Supernetto, Säästumarket, Mini-Rimi, Tesco Metro, One Stop, Tesco Extra, Dobbies Garden Centres; will be sold off to a consortium consisting of Carrefour, Tesco, Lidl, Walmart, Netto, Metro AG, Ahold Delhaize, Aldi Nord, Aldi Süd, ICA and SPAR
 * Benri stores in San Marino and Andorra will be sold off to Auchan and E.Leclerc
 * Benri stores in Latvia and Estonia will be sold off to Rimi Baltic
 * Salvonic Lifestyle Group's stores in Chile & Mexico will be sold off to Walmart
 * Benri stores in Bosnia & Herzegovina will be sold off to Bingo
 * Benri stores in Guam, Belarus, Iceland and Liechenstein will be closed
 * Salvonic Lifestyle Group's stores in Uruguay
 * John River Media Center will be sold and merged into London School of Film, Media and Design

More updates will be coming soon.