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Asian Paper Giant Survives Debt Saga As Creditors Fume.
- Source :
-
Wall Street Journal - Eastern Edition . 8/15/2003, Vol. 242 Issue 33, pA1-A5. 2p. 1 Chart. - Publication Year :
- 2003
-
Abstract
- Focuses on the turbulent times of Asia Pulp & Paper Co. (APP) and the Widjaja family that controls the corporation. Brief history of how the company got started; Amount of debt incurred by the company as of 2001, eventually leading to action taken by Indonesian regulators and their shares being kicked off the New York Stock Exchange; View of experts that APP is involved in the biggest and most complex corporate-debt workout in emerging-markets history; Efforts taken by the Widjaja family to remain in control of the company; Focus of governmental investigation into the company's ties to the former regime of President Suharto.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 242
- Issue :
- 33
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 10563903