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Rescue plan for Rickmers Group met with opposition

Bondholders are uncertain about the rescue plan proposed by German shipping company Rickmers Group aimed at securing continued operations. The plan includes Chairman Bertram C. Rickmers surrendering control of parent unit Rickmers Holding.
by NIKLAS KRIGSLUND

The restructuring of German shipping company Rickmers Group has now been met with opposition from bondholders.

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