French telecoms directory SoLocal gains creditor approval for US$1.3 billion plan
Credit: iStockphoto.com/stevelenzphoto
Creditors of French directories and communications agent SoLocal Group, formerly known as Pages Jaunes, have approved a restructuring plan that attempts to slash the company’s €1.1 billion debt for the second time in two years – this time using a lengthier process before the French courts.
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