Get the app today! Download iPhone App Download Android App

Creditors Of Croatia's Agrokor Approve Settlement Plan

Published on Jul 6 2018 7:58 AM in Retail tagged: Featured Post / Croatia / Agrokor / Paywall

Creditors Of Croatia's Agrokor Approve Settlement Plan

Creditors of Croatian retail and food conglomerate Agrokor, which together hold 80.20% of total claims, have voted in favour of a Settlement Plan between the debtors and all creditors.

In a statement, Fabris Peruško, extraordinary commissioner for Agrokor, said that the vote brings the Extraordinary Administration procedure near to completion.

During a six-month negotiation process, the Extraordinary Administration sought to reconcile creditors’ interests, which were often diametrically opposed, to enable them to achieve an agreement which would be acceptable to everyone.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email