ABU DHABI/WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, ...
Read More »Mexican steelmaker Ahmsa emerges from 17-year bankruptcy process
Bloomberg Altos Hornos de Mexico SA, the steelmaker known as Ahmsa, is exiting the bankruptcy process in Mexico after 17 years of court protection. A Mexican judge ordered the company’s suspension-of-payments proceedings to be lifted and approved a plan for creditors, effective immediately, the company said in a statement Monday. The court-approved exit calls for Ahmsa to repay $1.7 ...
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