Austrian Court Deems Signa Debt Restructuring Plan 'Not Feasible'
Monday, 8 July 2024, 16:02
An Austrian Court's Decision
An Austrian court has hindered Signa Prime Selection AG's restructuring plans.
Finding the Plan Infeasible
The court rejected the creditor-supported property sale initiatives by Renko Benko's unit.
Impact on Signa
This ruling could impact Signa's financial stability and future strategies.
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