Hain Celestial weighs Chapter 11 filing as debt pressures build - Bloomberg
Investing.com -- The Hain Celestial Group Inc (NASDAQ:HAIN) is weighing a Chapter 11 bankruptcy filing as the natural and organic food manufacturer struggles to manage a heavy debt load alongside weakening consumer demand, according to a report from Bloomberg News. The Hoboken, New Jersey-based company could seek court protection as early as next month, though deliberations remain ongoing and no final determination has been made.
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