AE&E: New Details on Negotiations

CompaniesTechnology ♦ Published: November 12, 2010; 14:31 ♦ (Vindobona)

Negotiations over the troubled A-Tec's subsidiary AE&E continue, but they get an unexpected sideshow.

AE&E: New Details on Negotiations / Picture: ©

Negotiations between the creditors and the banks financing AE&E came to a halt in recent days. But now things have got in motion unexpectedly. There are additional parallel negotiations to be held in which the creditor banks will be involved.

Three international stock exchange listed companies are forcing the takeover of a majority stake, according to the…