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Sale of A-Tec on the Brink of Failure
The Supervisory Board of the insolvent technology group wants to take up negotiations with Penta Investments again after a Pakistani investor pulled out of the deal.

The sale of insolvent A-Tec Industries to Contor Industries might fail, according to Austrian weekly “Format”. The Pakistani investor Alshair Fiyaz, who planned to take over A-Tec’s subsidiary Montanwerke Brixlegg with his group Solstice International, is no longer interested in an acquisition. The amount of € 210m required to fulfill the 47% quota under the restructuring plan…
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