Abengoa reported this morning that Gonvarri, which should have been Abengoa’s new reference shareholder and the main support for the pending €650m capital increase, has withdrawn from the transaction as conditions to which the agreement was subject to have not been satisfied.
25 Nov 2015
The worst case scenario is beginning to materialise
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The worst case scenario is beginning to materialise
Abengoa reported this morning that Gonvarri, which should have been Abengoa’s new reference shareholder and the main support for the pending €650m capital increase, has withdrawn from the transaction as conditions to which the agreement was subject to have not been satisfied.