Tupperware Brands is on the way to avoiding bankruptcy after a U.S. bankruptcy judge approved a sale to lenders on Tuesday.

A total of 145 people will lose their jobs, but the company expects to rehire some of those same people when new ownership ...

NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its ...

Tupperware Brands Corp. is gaining new life as a group of lenders will take control of the beleaguered food container company. But the company said the change will bring about closure of ...

Severance agreements and other contracts are on the line as Tupperware weighs its Chapter 11 bankruptcy options.

Based on the sales agreement with creditors, the company’s lenders will be allowed to purchase the Tupperware brand name and operations in several of its markets. The company will also wind down ...

“After years of struggling with an over-leveraged balance sheet and outdated operating model, the transaction would mark a new day for the iconic brand,” according to Tupperware. The deal ...

The iconic food storage company Tupperware agreed this week to a sale ... “It was an interesting new way of selling, and it was something that consumers responded well to,” said Neil Saunders ...

NEW YORK, Oct 22 (Reuters) - Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its ...

Tupperware agreed to sell its business to a group of lenders on Tuesday in an attempt to recover after filing for bankruptcy last month.