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  • DPA

    German conglomerate BayWa strengthens financial position

    By DPA,

    4 days ago

    https://img.particlenews.com/image.php?url=2U7kaQ_0uQ6rGJV00

    German conglomerate BayWa has said it will seek advice on restructuring options in response to a challenging financing situation.

    Following constructive discussions with financing partners, and the implementation of a number of measures, the company's board is confident that its financial position can be significantly bolstered.

    BayWa, which is active in the agriculture, energy and construction sectors, reaffirmed its commitment to its consolidation strategy.

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