Pescanova owns 95% of Pescafina shares. (Photo: Pescafina)
Pescafina, a company in which Pescanova owns 95 per cent of the shares, is the first subsidiary of this multinational firm requesting a creditors’ meeting, in an attempt to ensure business continuity until its financial situation is clarified.
Meanwhile, the activity in Pescafina continues being developed as usual.
The company presented the request of a creditors’ meeting on the same day when Pescanova announced the voluntary creditors’ meeting. It is estimated that Pescanova Group is facing a debt of about EUR 2,700 million, that is to say, more than EUR 1,200 million above what can be seen in the audited liab...