Noble Group: Shareholders To Receive An Increased Share Of 20% Of The Equity In New Noble.

20 Jun 2018 10:28

Shareholders to receive an increased share of 20% of the equity in New Noble. Goldilocks provides irrevocable undertaking to support the financial restructuring, entitled to nominate one director to the New Noble board of directors. Mutually advantageous Middle East strategic partnership to be formed with an affiliate of Abu Dhabi Financial Group. Noble and Goldilocks to discontinue all claims and proceedings on a no-fault basis. Resolution enables Noble to move into the final stages of the Restructuring...

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