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Galapagos announces restructuring as junior creditor disputes continue

By Benjamin Clarke

10 October 2019

Galapagos announces restructuring as junior creditor disputes continue Heat exchanger / iStock.com/Berkut_34

Luxembourg-incorporated industrial group Galapagos has announced the completion of a €1 billion multi-jurisdictional financial restructuring – though “rival” insolvency proceedings in Germany and noteholder lawsuits in New York rumble on.