04.02.2010 - Dubai World asset sale nears, debt talks plod
From Reuters: State-owned conglomerate Dubai World, which is restructuring some $22 billion in debt repayments, has yet to arrive at a formal standstill agreement with its creditors. The company rocked global markets on November 25 with plans to request a delay on repaying $26 billion in debt linked to its main property units Nakheel and Limitless World..........................................Full Article: Source
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