Noble Group situation14 May 2018 11:55
Does anyone have a feel for the impact on MKA if Noble went bust. I understand that Talaxis is a separate entity, but would Noble going down take it down with it?
Recently there was an injunction against Noble holding its AGM brought about by Goldilocks, a major investor which would see its holding cut by 85% if the restructuring were to be voted through.
I am not sure what the latest situation is, but if the restructuring fails, the alternative is insovency.