Cukierman & Co. announces successful conclusion of the 164 million insolvency of Eurobike AG in Germany
PR Newswire reports on the successful conclusion of a 164 million insolvency case by Cukierman and Peter E. Rasenberger
PRNewswire
“Modi Ashkenazy, CEO of Cukierman & Co. Consulting, which supervised the transaction, explains: “Our German subsidiary with Mr. Peter Rasenberger at the helm proved once more that an Israeli investment bank can conduct major international mergers and acquisitions, even in today’s economic and political climate …”
Dr. Peter Mrosik, CEO of Eurobike AG says: “In my opinion, it is very rare in Germany for a company to be able to use an insolvency procedure to help restructure and recapitalize the entire corporation. Thanks to the enormous efforts of Cukierman and in particular Mr. Peter Rasenberger, head of its German subsidiary, we were able to plan the whole procedure before insolvency hit …””