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Unable to provide much guidance because of uncertainty surrounding global markets, Emerson said it would remain focused on cash generation and completion of restructuring programs.
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The subject rated the extent of restructuring involved in generating the solution on a scale from 0 (no restructuring) to 3 (full restructuring).
Services still required major restructuring in the other seven networks, with the lead clinicians in four of these reporting that the timescale for completion of this work was unclear.
On completion of the restructuring process the existing Scott Trust will be wound up.
Mr. Benhamou said Palm had worked off much of its excess inventory and was nearing completion of its restructuring.
"The successful completion of the restructuring secured these objectives and a future for BE whilst safeguarding the interests of taxpayers.
On Thursday the debt-laden company said it was suspending payments to its lenders pending completion of its restructuring, and warned its shares could be worthless.
Grant Rumbles, chief executive of Mouchel, said: "The completion of this restructuring means that the long-term future of this business is secure and the jobs of more than 8,000 people have been preserved.
However, it is understood that the on-off talks have gathered momentum again now following the completion of financial restructuring at the Independent's owner, Independent News & Media, and the settlement of the boardroom battle there between shareholder Denis O'Brien and Gavin O'Reilly, the chief executive.
The company currently estimates that upon completion of the restructuring action, there will be a significant reduction in annual operating costs from continuing operations, which is primarily the result of lower cost of sales and selling, general, and administrative expenses due to reduced employee-related costs, depreciation, and amortization expense.
THE COMPANIES AT A GLANCE HOUSTON NATURAL GAS The Houston company neared completion of a restructuring program in 1984 in which it disposed of businesses unrelated to oil and gas and acquired other businesses.
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