Japan’s ruling coalition sustained a crushing blow in the Lower House election last month, only managing to win 215 seats,…
BUSINESS
Creditors Defer Debts for Nichi-Iko until Turnaround Plan Is Approved
Creditors of Nichi-Iko Pharmaceutical on May 26 agreed to allow the embattled generic maker to defer its debt repayments under an out-of-court turnaround procedure filed earlier this month. The grace period was set until lenders approve the company’s restructuring plan.…
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