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DIC to continue Almatis debt revamp efforts

Posted on 14 April 2010

From Arabianbusiness.com: Private equity fund Dubai International Capital (DIC) said it would continue to seek a refinancing of the debt of German aluminium firm Almatis despite an adverse Dutch court decision.

In a statement, DIC said: “The decision by the Enterprise Chamber of the Amsterdam Court of Appeal not to grant an injunction does not affect DIC’s ability or intention to pursue a refinancing of Almatis.”………………………………..Full Article: Source

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