Corporate restructuring entails any fundamental change in a company's business or financial structure, developed to raise the company's value to shareholders or creditor1. There are three types of restructuring that can takes place. They are:
? Portfolio restructuring: making additions to or disposals from companies' businesses For example- by acquisitions or spin-offs.
? Financial restructuring: changing the capital structure For example- by leveraged buy-outs.
? Organizational restructuring, For example - shifting from a functional to a business-unit design.