Duro Felguera (ES:MDF) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Duro Felguera is facing an arbitration request from Sonelgaz Production d’Électricité, seeking to resume a suspended contract and demanding compensation totaling over 349 million euros and nearly 9 billion Algerian dinars. The company plans to oppose this request, arguing that the suspension was justified due to breaches by Sonelgaz and intends to seek compensation for damages it incurred. This legal battle could significantly impact Duro Felguera’s financial standing and investor confidence.
For further insights into ES:MDF stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue