|
Here's the summary of the FD article in English:
On Tuesday the 29th iRex was declared bankrupt by a Dutch judge. Debts amount to EUR 10 mln. To survive, iRex would have needed an amount of EUR 1.5 to 2 mln in the short term. However, shareholders and Deutsche Bank were unwilling to fund the company further. Final talks last Monday night did not bring a solution.
The funding request to the regional investment firm was denied at the end of last week.
Still, the official receiver is quite optimistic about the future. He expects some sort of re-start. Several parties are interested in the intellectual property and the expertise of the 30 employees. "I am fully confident that the enterprise will continue. Nothing is lost yet," he said.
|