News

Hanover details plans

Thursday 20th of November 2008
Under a debt restructuring proposal released this morning the company has outlined a plan which includes shareholder support of up to $96 million.

This $96 million is made up of a number of elements including cash and the assets of Hanover’s property company Axis Property Group. These assets currently valued at around $52 million will be transferred to Hanover at $40 million. They include prop...

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