South Africa – Eurocopter’s help for ATE headed for court

South Africa – Eurocopter’s help for ATE headed for court

19-Dec-2011

The shareholder and creditors of aerospace company Advanced Technologies and Engineering (ATE) are headed for court on a business rescue plan which would see Eurocopter take a 99.99% stake. The plan was adopted by 99.72% of creditors but crucially the shareholders voted against it.  (see full story)

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