Wednesday, April 17, 2024

Nearly US$ 101 million required to save Wom's local operation

Wom Colombia, facing financial difficulties, has requested to enter into a corporate reorganization process before the Superintendence of Companies. It is estimated that approximately US$101,909,200 would be needed to save the company's operation. Despite the situation, the Colombian government has shown interest in the company's continuity and emphasized the usefulness of corporate reorganization to keep it in the market.

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