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Brazil: Sharp struggles to move out from bankruptcy.
South American Business Information, April, 2000
Tags: bankruptcy, Consumer electronics company, Sharp Corp.
Consumer electronics producer Sharp, that applied for preventive bankruptcy by
March unable to manage piled up debts of R$600mil, is betting in a merge with other producers to stay afloat. The company is actively negotiating with the development bank BNDES a R$40mil creditthat would allow it to continue production and comply with ...
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