Exide's restructuring plan approved by Bankruptcy Court   [ USA ]

Exide Technologies announced that the U.S. Bankruptcy Court for the District of Delaware entered an order confirming the Exide Plan of Reorganization. The Plan will become effective and Exide will emerge from Chapter 11 upon completion of necessary closing conditions, including obtaining closing on exit financing. (From a press release on March 27, 2015)
<Mar 27, 2015>