GREY:BLITF - Post by User
Post by
muchogustoon Aug 16, 2017 5:07am
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Post# 26586263
[Granitos de Badajoz]
[Granitos de Badajoz]
Beside the Silica Acitivities of FMR, which is most important IMHO.
...What has happened about the alternative buyers of Grabasa until now? Someone from Spain on the board?. Why is there a delay? Are they negotiating the Price? Obviously, the recent Price has been too high...
According to an article on FocusPiedra from June 2017.
Looking for buyer Granites of Badajoz is far from new in search of a buyer. The Court granted at the end of May two more months to make new offers will be presented in order to sell all of the assets of Grabasa considered as a productive unit. In the case of unsuccessful result this within two months, it would proceed to the auction of the isolated assets, which would lead to the dismantling of Grabasa without the possibility of resuming the activity and which also would get a lower amount to deal with the payment of creditors.
In its letter to the Court, the Administrator explained that several investors have expressed a "serious interest" in buying the totality of assets as a productive unit. Thanks for any News!!!