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The Workforce at Astilleros Balenciaga Rejects the Offer From the Arab Investor.
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The workforce at Astilleros Balenciaga will not approve the acquisition of the Gipuzkoa-based company by the Abu Dhabi Ports Group, as agreed at a meeting held late this afternoon. Their approval was a prerequisite for the sale to be finalized, so negotiations will have to continue to reach an agreement. They will likely resume in January of next year, given the upcoming holidays.
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