date:Mar 03, 2014
KKR and Ergon Capital out of the offer.
The Damm and Luxempart offer is not the only one on the table. The principal competing offer, led by former Spanish Minister of Defense Eduardo Serra, is supported by five investment funds (Blue Crest, Knight Head, Dupont, Scoggin Capital and J. Goldman) and the foreign creditor bank of Pescanova. That offer includes an injection of funds amounting to USD 413.91 million (EUR 300 million) and a debt cut of 70 to 80 percent, according to the press agency E