Shadow of liquidation still hangs over Pescanova
date:Mar 28, 2014
he banking requests, but Spanish media published that financial sources showed their discomfort with the offer submitted this week, and that the banks are thinking about acquiring the company in liquidation.

The main cause of the disagreement is the recovery of the debt, estimated in USD 965.58 million (EUR 700 million) in the agreement, whereas the creditor banks claim they are actually trying to recover USD 1.28 billion (EUR 1 billion).

According to the regional newspaper Faro of Vigo, the b
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