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Tsinghua Unigroup and its six subsidiaries met collectors on Monday in a digital assembly to replace them on the most recent spherical of its debt restructuring course of, in keeping with a press release from the group on Monday.The as soon as high-flying conglomerate related to China’s high college has entered a chapter restructuring course of following a Beijing court docket order after being sued by buyers. It started a search in July for deep-pocketed buyers for a “full bailout” to keep away from promoting its excessive…
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