FTX announced the launch of a global asset strategy review, intending to sell or reorganize certain businesses
FTX and about 101 of its affiliates announced that as part of the bankruptcy process, they will initiate a strategic review of their global assets to maximize recoverable value. FTX debtors have hired Perella Weinberg Partners LP as lead investment banker and have begun preparations to sell or restructure certain businesses. Court documents show that FTX and its companies have been unable to gather a full list of foreign suppliers or advance claim amounts due to deficiencies in the debtor’s corporate records.
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