Insolvency proceedings of K&N Paper to be lifted, group of investors secures existence in Kriebstein

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With regard to the insolvency proceedings over the assets of German paper producer Kübler & Niethammer Papierfabrik Kriebstein AG (K&N Paper), the creditors unanimously agreed to the restructuring plan elaborated. Subject to a corresponding decision to be made by the Chemnitz local court, there is nothing that could ...

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