Reka, one of Turkey’s largest edible oil processors, has secured a €45m loan from the European Bank for Reconstruction and Development to help it expand its operations.
Parmalat's profit before interest and tax rose 18.4 per cent in the
first two months of 2006 to € 45 million, with predictions that net
debt would remain stable over the year.
Stricken Italian dairy giant Parmalat, which has operations in
Romania, Hungary and Russia, has come up with a plan that will see
the many creditors offered stock.
Creditors of South Korea's Haitai Confectionery will arrange $304.3
million in loans to sweeten the sale of the insolvent company to a
UBS Capital-led group.
The main creditor of South Korea's Haitai Confectionery said on
June 22 that it had agreed to sell the insolvent firm to a UBS
Capital-led consortium...
