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Analysis

S&P: Peru sale would leave China Fishery with no ‘meaningful operations’

Ratings agency says China Fishery still has a strong prospect of default despite removal of provisional liquidators, while sale of Peru anchovy assets won’t leave much of value left

By Tom Seaman | Jan. 6, 2016 10:19 GMT
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A sale of China Fishery Group’s Peruvian anchovy assets will help the company’s financial position, but leave it with little left of any value, according to a note from Standard & Poor's Ratings Services seen by Undercurrent News [...]

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