Friday, July 1, 2016

The bid from Stampen clear – Västerbotten Courier

The offer to creditors means that all debts up to a certain value paid in full. Excess amounts reimbursed under the proposed 25 percent.

Stampen Local Media is the limit set at 10 000. The distribution companies VTD limit is 5 000, while that of the printing companies in the V-tab and Stampen AB is set to 1, 000.

V-TAB Falkenberg is not covered by the chord proposals, as the company is considered to have sufficient strong financial position anyway.

Creditors have summer to take a position on the chord. The plan is for chords negotiations could be held in September.

The media group Stampen, with Peter Hjörne as chairman and main owner, has over 3000 employees. A large proportion of these are newspaper.

The main company Stampen AB and 15 subsidiaries involved in the reconstruction. Ten belong in Gothenburg. The other six, mainly printers, available in other places and handled by other district courts.

This includes newspapers Göteborgs-Posten, Hallandsposten, Halland News, Bohusläningen, Strömstads Newspaper and TTELA, printers in V-Tab Group and the distribution company VTD.

the Tax Agency has a key role, with its claims of around half a billion crowns.

the administrator expects to request additional time when the now resolved reconstruction period expires at the end of August.

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