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28 Nov
09:03

Investment funds formalise Celsa takeover, reorganise management

A group of investment funds formalised the takeover last week of Spanish steelmaking group Celsa. The funds represent the main creditors of the company and were given the green light by a Spanish court earlier in September to take over the majority of the company. Deutsche Bank, SVP, Cross Ocean, Anchorage, Golden Tree, Attestor, Goldman Sachs, Sculptor and Capital Group are among the banks and funds included in the new ownership group. Following the formalisatio…
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