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Technology / AI and automation

RODIME REPORTS RESTRUCTURING TALKS

Ravaged Scottish Winchester disk drive manufacturer Rodime Plc says that it has been holding restructuring talks with institutional shareholders, and that if the talks reach a successful conclusion before then, it will likely adjourn its extraordinary general meeting, set for June 8, to a later date. The meeting was called because the Stock Exchange requires it when a company’s net worth falls to less than half called-up share capital.

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CBR Staff Writer

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