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Fate of A-Tec and Montanwerke Brixlegg remains unclear

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(A) – Insolvent Austrian group A-Tec Industries failed to secure payment of 47 per cent of its debt by the 30 September deadline following inconclusive talks with investors, and now faces break-up. Administrator Matthias Schmidt will launch a structured process to sell A-Tec‘s assets, with proceeds from the sales ...

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