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Corporacion Durango restructures finances.(Box Biz: News You Can Use)(Brief Article)
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Paperboard Packaging
- Article date:
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May 1, 2005
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Copyright informationCOPYRIGHT 2005 Questex Media Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Durango, Mexico -- Corporacion Durango, S.A. de C.V. has restructured its financials. This will strengthen substantially the company's financial structure. The company is expected to save about $560 million in the next eight years. Some of the biggest potential improvements include: achieving a new capital structure; reducing a $402 million ...