Alpine Can Take A Breather

Published: June 13, 2013; 19:45 · (Vindobona)

Alpine’s liabilities amount to € 450m. Spanish parent company FCC is supposed to provide a capital injection of € 150m.

Alpine Can Take A Breather / Picture: © Alpine Logo Press Photo

The tug-of-war games around ailing construction company Alpine continues. Spanish parent company FCC and creditor banks are supposed to have agreed on a roadmap, according to Alpine spokesman Johannes Gfrerer. FCC had made a clear commitment to provide further funds.

Until the beginning of July, supplements in the restructuring agreements will be determined. Gfrerer announced…

This article includes a total of 238 words.

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