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Meinl Bank Pays 6 Million Euro: Airport Intl. and Power Intl. Reach a Partial Agreement

Published: September 27, 2010; 14:42 · (Vindobona)

Meinl Bank and International Power pull back all the claims against each other, except those in the arbitration court.

Meinl Bank Pays 6 Million Euro: Airport Intl. and Power Intl. Reach a Partial Agreement / Picture: © Reuters

The bank pays 1.5 million euro and receives a participation in the Hohenlohe wind farm.

PI Power International (formerly Meinl International Power/MIP) and AI Airports International (formerly Meinl Airports International/MAI) are one step closer to implementation and payment of the still remaining assets to certificate holders.

Power and Airports have reached a…

This article includes a total of 313 words.

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