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German bank places bid on Rickmers Holding

German bank Schnigge will buy bonds in financially vulnerable Rickmers Holding. The bank hopes to buy for EUR 35.5 million.

Photo: PR-foto/Rickmers Maritime

by KATRINE GRØNVALD RAUN

Financially struggling Rickmers Holding has received a voluntary purchase offer from Germany's Schnigge, which hopes to buy bonds in the bankrupt company.

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