Al Jaber ceo resigns

first_imgBack in August 2014, HLPFI reported on rumours that the group had hired Barclays to find buyers for Al Jaber Heavy Lift. Neither Barclays nor Al Jaber had any comment on the sale at the time.A report by Reuters quoted three sources claiming that the sales process for Al Jaber’s heavy lift business had been abandoned, due to a “reluctance to sell”. Al Jaber concluded a debt restructuring deal with its creditors in September 2014, after more than three years of negotiations.  www.aljaber.comwww.ajhl.comlast_img

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