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Pescanova

Damm-led bid chosen to restructure Pescanova

Board of bankrupt Spanish multinational unanimously decided to go with the bid from Damm, Luxempart, KKR and Ergon Capital, which would give banks 51% stake in company, in exchange for writing off around 80% of the debt

By Undercurrent News | Dec. 13, 2013 09:51 GMT
Damm-led bid chosen to restructure Pescanova
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The board of Pescanova has unanimously decided to side with the non-binding bid led by Damm and backed by Luxempart, Kohlberg Kravis Roberts and Ergon Capital, for the restructuring of Pescanova [...]

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