Similarly,
Restructuring plan mother house sfr:
The decision is of major importance for the group of billionaire Patrick Drahi. Therefore, who had associated the future of the company on the condition of seeing its debt reduced. For example, “The equation was simple: the success of the negotiation. the end of the story,” said management before the court’s decision.
A debt of 24 billion euros – Restructuring plan mother house sfr
Setted with a heavy debt of 24.1 billion euros, the group had reached a record restructuring agreement with its creditors: in exchange for a reduction of 8.6 billion euros, the latter are in particular granting 45 % of the shares. According to the scheduled calendar, the transaction should lead between September and October.
The unions. for their part, had asked the court to refuse the total adoption of the accelerated safeguard plan and requested that certain subsidiaries be excluded from the agreement.
“These subsidiaries are not in debt. restructuring plan mother house sfr have never subscribed to credit with the creditors with whom this agreement has been made, but it is still we who are guaranteeing the reimbursement of these debts and who will make the costs of the reimbursement,” said Olivier Lelong, CFDT central union delegate.
No current sales process
In this complex operation. the employees also denounced a “dismantling project”, with the fear of seeing the subsidiaries finally sold and the jobs threatened, according to the elected officials of the CSE.
restructuring plan mother house sfr — Restructuring plan mother house sfr: The decision is of major importance for the group of billionaire Patrick Drahi. who had associated the future of the company on the condition of seeing its debt reduced. “The equation was simple: the success of the negotiation or .
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