AE&E: Negotiations Under High Pressure

CompaniesTechnology ♦ Published: November 18, 2010; 13:44 ♦ (Vindobona)

The negotiators must reach an agreement still today in order to avoid the insolvency of the industrial plant manufacturer AE&E.

AE&E: Negotiations Under High Pressure / Picture: © AE&E

"Time pressure is huge", says Hans-Georg Kantner from the KSV. Accordingly, he expects a quick decision. The company urgently needs € 15 million. Although the banks have great interest in AE&E not falling into insolvency, how much time is really left must be assessed by the management.

Currently negotiations are being held with four bidders. The best chances are for Mass…