US EditionHagondange. Novasco: Again in the Tough, a Year After Its Recovery by Greybull
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The French heavy industry is having a hard time. Ascometal, which became NovAsco, taken over in extremis in July 2024 by the UK's Greybull turnaround fund, finds itself, a year later, again in financial delicacy. And in search of new private or public investors. Despite millions injected by the state, the risk of a judicial reorganization hovers on the company and its 750 employees.
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