OW Bunker CFO: Altor could have saved OW with USD 9 mln

OW Bunker could have been saved, but equity fund Altor's unwillingness to put up USD 9 million ruined everything. This remarkable assessment comes from CFO Kent Larsen in relation to a lawsuit.

Photo: Kasper Palsnov/Jyllands-Posten

Even though bunker company OW Bunker was running out of money and was unable to pay its bills as they matured, the management at the time refrained from issuing a stock exchange notice informing of the serious situation.

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