16 April 2015 – Expansión
The parent company of the real estate group, Rayet, has sold its 1.36% stake in Quabit, as part of its feasibility plan to emerge from the bankruptcy process, which now has the support of 71% of its creditors. Rayet filed for bankruptcy at the end of 2012 with debt of €600 million.
Original story: Expansión
Translation: Carmel Drake
Source:: AURA Real Estate Experts