News

Independência tannery will be auctioned off

07/03/2011

Brazilian packer and tanning group Independência will hold an auction to sell its tannery at Nova Andradina in the state of Mato Grosso do Sul. The company ran into financial difficulties at the start of 2009 and has been working with its creditors since November that year to reach an agreement on a payment plan. The most recent meeting between...

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