Sete battles bankruptcy threat

Crippled Brazilian rig builder Sete Brasil is entering a critical path this week amid reports that a last-ditch proposal from sole customer Petrobras may not be enough to avert a filing for bankruptcy protection.

Troubled times: for Sete Brasil
Troubled times: for Sete Brasil
Published 22 February 2016, 13:08Updated 18 October 2016, 05:07
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