Struggling Cimber Sterling to receive $31.8 million cash injection
Posted 11/07/2011
Following several months of negotiations, financially troubled Cimber Sterling announced Thursday it secured a subscription agreement with Mansvell Enterprises, which agreed to inject DKK165 million ($31.8 million) in the Danish carrier “subject to certain conditions.”
Originally published 11 Jul 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/jZfCO-xB9H0/struggling-cimber-sterling-receive-318-million-cash-injection-0709
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