Visteon has unveiled a further amended plan of reorganisation under which existing shareholders could receive up to 5% of the reorganised company. The amended (fourth) plan was filed just hours before a further US Bankruptcy Court hearing on 14 June to consider the bankrupt supplier's disclosure statement. Following legal discussions Subscribe to Automotive World to … Continued
Visteon has unveiled a further amended plan of reorganisation under which existing shareholders could receive up to 5% of the reorganised company. The amended (fourth) plan was filed just hours before a further US Bankruptcy Court hearing on 14 June to consider the bankrupt supplier's disclosure statement. Following legal discussions
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https://www.automotiveworld.com/articles/82474-us-visteon-further-amends-reorganisation-plan/
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