Tag Archives: Tabacalera

Tabacalera acts to enforce Chen Zhi exit

Tabacalera acts to enforce Chen Zhi exit

Tabacalera has filed for pre-bankruptcy proceedings in Madrid’s Commercial Court No. 8 (Spain) as the start of a maneuver to force the departure of Chen Zhi, the company’s current majority shareholder, through the investment fund Allied Cigar Corp.

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