The German ferrous scrap recycler Scholz and its Chinese parent company Chiho Environmental Group are likely getting new majority shareholders soon. Chiho announced that an agreement had been signed at end of October to bring in two new investors – a private equity firm and a state-owned enterprise. The signed investment agreement must still be approved by a meeting of the creditors on 14 November. ...
Scholz and Chiho Environmental Group poised to get new majority shareholders
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