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Spanish court approves refinancing agreement for insolvent Isolux

By Dominic Lawson

22 March 2019

Spanish court approves refinancing agreement for insolvent Isolux Madrid, Spain / iStock.com/kasto80

Multinational construction group Isolux has secured approval of a refinancing agreement from a Spanish court, in an unusual decision outlining when homologation processes are open to companies already in insolvency proceedings.