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Signa Holding’s Creditors May Recoup 30% of Their Monies Within Two Years

Insolvent Company’s Assets Worth Only 11.3% of €2.77 Billion Book Value in Liquidation Scenario
The insolvency of Signa Holding is believed to be the biggest in Austrian corporate history. (Getty Images/iStockphoto)
The insolvency of Signa Holding is believed to be the biggest in Austrian corporate history. (Getty Images/iStockphoto)

Signa Holding’s creditors may be able to recoup 30% of the monies loaned to the insolvent Austrian property company within two years, according to the restructuring plan.

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