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Author | Topic - ViOil breaks off deal with Alexander Gerega |
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Posted By: Benghik 25th Feb 2024 9:47am GMT |
ViOil Industrial Group has decided to suspend the conclusion of the deal with Renvior Trading Limited, owned by Alexander Gerega, ViOil reported. In an interview, ViOil representative https://latifundist.com/en/novosti/39289-vioil-priostanovil-zaklyuchenie-sdelki-s-kompaniej-geregi Victor Ponomarchuk, founder and chairman of the board of directors, explained that the decision to suspend the deal was made after two loans totaling $146 million were obtained. According to him, the company did plan to attract an investor and was negotiating the sale of a stake in Renvior Trading Limited, but the current financial situation changed the plans. |
Posted By: Benghik 25th Feb 2024 9:48am GMT |
Experts note that ViOil's decision will affect the further development of agribusiness in Ukraine and may affect the company's competitiveness both in the domestic and global markets. Also, this event attracts the attention of investors and market participants, as it reflects changes in the strategy and plans of major players in the industry. |