Gaussin SA (FR:ALGAU) has released an update.
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GAUSSIN SA, a notable player in transport and logistics solutions, has entered into receivership, extending its observation period by six months as it develops a business continuity plan. The company has faced challenges including the sale of its subsidiary Metalliance, the cancellation of a contract with Airbus, and a dwindling cash position, which now stands at 1.8 million euros. In response, GAUSSIN is exploring new financing options and considering a divestiture plan to secure its future operations.
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