Niki creditors back new sales offer after Austrian and German administrators agree to cooperate

Niki creditors back new sales offer after Austrian and German administrators agree to cooperate

Creditors of Austrian airline Niki have backed a bid by its former owner to buy the insolvent carrier’s assets in a sales process arranged by the company’s Austrian and German administrators, who agreed to cooperate last week after a scramble over the company’s centre of main interests.

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