Mozambique: Cabo Delgado court makes second attempt to sell insolvent cotton firm assets
Mozambique: Cabo Delgado court makes second attempt to sell insolvent cotton firm assets
The Cabo Delgado Judicial Court, in northern Mozambique, is set to auction dozens of assets belonging to former Plexus this month — once one of Mozambique’s leading cotton-growing companies — in a bid to raise over €7 million. At issue are the insolvency proceedings of Plexus, previously owned by a British group, whose operations were…
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The Cabo Delgado Judicial Court, in northern Mozambique, is set to auction dozens of assets belonging to former Plexus this month — once one of Mozambique’s leading cotton-growing companies — in a bid to raise over €7 million. At issue are the insolvency proceedings of Plexus, previously owned by a British group, whose operations were…