Third Tender for the Sale of Damen Mangalia Shipyard, No Bidder, Which Could Be the Solution to Unlock the Sale
4 Articles
4 Articles
The sale of Damen Mangalia Shipyard remains blocked after no buyer has registered at the third auction. The procedure will continue in September, at the price of 184 million euros, while the court is to decide whether the recovery mechanism can be changed.
Even at the third auction for the sale of Damen Mangalia Shipyard, there was no buyer. According to the liquidator, a new procedure will take place in September, at the same price, regardless of the decision the court will take, to modify or maintain the current procedure. However, Paul Dieter Cîrlanaru, the Director General of CITR, the company that administers the yard, believes that "we will have a solution by the end of the year."
Neither at the third auction for the sale of Damen Mangalia Shipyard has any buyer presented itself. According to the liquidator, [...] The post No bidder at the third auction for the sale of Damen Mangalia Shipyard. A new auction will take place in September, at the same price of 184 million euros appeared first on Financial Intelligence.
The Damen Mangalia Shipyard is left without a buyer after the third tender for the sale of assets has ended without any bidder. The starting price has remained unchanged, at around 184 million euros, and a new procedure will be organised in September.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
