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Creditors approve court-supervised reorganization of Ad'oro

On February 6, creditors of Ad'oro, a chicken slaughterhouse based Várzea Paulista (SP), approved court-supervised reorganization of the company. According to Júlio Mandel, of the Mandel law firm, about 90% of the creditors attending the meeting approved the move by the company as it renegotiates debt of R$ 140 million. The plan is yet to be approved by the courts.



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