Deloitte Agrees To Pay Parmalat Bondholders
Under the settlement, compensations for bondholders would be up to 6% of the nominal value of the investments made before Nov. 11, 2003, Parmalat's ex-auditor said, according to Thomson Financial News. The average payments will provide 4.5% to 5% of up to €50,000 worth of bonds.
Bondholders who take part in the deal will,...
To view the full article, register now.