Colony Capital to give Orco capital injection

By A staff reporter 2009-05-01T00:00:00

Orco Property Group, the troubled property company focused on Central Europe, is holding exclusive talks with Colony Capital for a capital injection of EUR25 mln. An additional stake of up to EUR140 mln will be considered when court protection from Orco's creditors is lifted. Paris Commercial Court granted Orco and ...

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