Merkur Succeeds in Debt to Equity Conversion
Naklo, 28 December - Hardware and home equipment retailer Merkur successfully conducted a recapitalisation in the form of a debt-to-equity conversion on Friday issuing almost EUR 39m worth of new shares to creditors. The company's capital stock increased from some EUR 3.1m to EUR 3.8m, the company wrote in a press release.
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