Altor: OW Bunker board not responsible for bankruptcy
The owner of OW Bunker, which listed the company eight months before the bankruptcy, maintains in comments to ShippingWatch that the board of the failed bunker group cannot be blamed for the bankruptcy.
BY OLE ANDERSEN
The equity fund Altor, which as the owner of OW Bunker listed the company eight months before the spectacular collapse in November 2014, maintains so far that the board of the bunker group was not in possession of information which could have prevented the bankruptcy.
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