Stark Corporation refuses to perform closing of Leoni’s sale of automotive cable solutions business
Leoni AG (Leoni) announced that Stark Corporation PCL (Stark) declines to perform the closing of the sale and purchase agreement between both companies, entered on May 23, 2022, on the sale of Leoni’s Business Group Automotive Cable Solutions (BG AM), causing delay in the implementation of Leoni’s refinancing plan. A....
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