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Scholz in exclusive talks with private equity firm KKR about capital investment

Bondholder’s application to open insolvency proceedings rejected

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(D, UK) – Private equity firm Kohlberg Kravis Roberts & Co. (KKR) wants to invest in ailing metals recycler Scholz. The two parties are in exclusive negotiations about a "comprehensive recapitalisation of its balance sheet", Scholz announced on 15 April. KKR and some of the company’s creditors intend to provide a ...

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